Call reports 2017
AVIDBANK — 2017
What AVIDBANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 701,946,000 | 729,532,000 | 762,178,000 | 781,285,000 |
| Total loans | 556,969,000 | 584,342,000 | 578,524,000 | 648,273,000 |
| Allowance for loan losses | 6,991,000 | 8,076,000 | 8,192,000 | 8,297,000 |
| Securities available for sale | 86,905,000 | 82,986,000 | 76,741,000 | 74,364,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 598,372,000 | 624,469,000 | 680,266,000 | 662,072,000 |
| Interest-bearing deposits | 331,508,000 | 354,398,000 | 363,801,000 | 370,482,000 |
| Noninterest-bearing deposits | 266,864,000 | 270,071,000 | 316,465,000 | 291,590,000 |
| Equity capital | 70,030,000 | 71,632,000 | 77,841,000 | 83,637,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 7,575,000 | 15,920,000 | 24,445,000 | 33,353,000 |
| Interest expense | 401,000 | 914,000 | 1,456,000 | 1,983,000 |
| Net interest income | 7,174,000 | 15,006,000 | 22,989,000 | 31,370,000 |
| Noninterest income | 399,000 | 798,000 | 1,248,000 | 1,699,000 |
| Noninterest expense | 4,371,000 | 9,070,000 | 14,274,000 | 19,476,000 |
| Provision for loan losses | 721,000 | 1,806,000 | 1,880,000 | 1,985,000 |
| Pretax income | 2,481,000 | 4,928,000 | 8,083,000 | 11,608,000 |
| Income tax | 857,000 | 1,714,000 | 3,070,000 | 5,459,000 |
| Net income | 1,624,000 | 3,214,000 | 5,013,000 | 6,149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,945,000 | 72,339,000 | 78,364,000 | 84,337,000 |
| Total capital | 78,306,000 | 80,785,000 | 86,925,000 | 93,004,000 |
| Risk-weighted assets | 712,387,000 | 754,133,000 | 760,735,000 | 837,883,000 |