Call reports 2018
MODERN BANK, NATIONAL ASSOCIATION — 2018
What MODERN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 835,521,000 | 830,704,000 | 864,880,000 | 769,539,000 |
| Total loans | 617,267,000 | 614,248,000 | 651,666,000 | 568,477,000 |
| Allowance for loan losses | 6,857,000 | 6,902,000 | 7,734,000 | 5,825,000 |
| Securities available for sale | 76,452,000 | 73,215,000 | 70,117,000 | 68,488,000 |
| Securities held to maturity | 105,128,000 | 103,039,000 | 98,911,000 | 96,997,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 599,512,000 | 592,911,000 | 641,920,000 | 533,594,000 |
| Interest-bearing deposits | 571,723,000 | 569,888,000 | 614,689,000 | 511,393,000 |
| Noninterest-bearing deposits | 27,789,000 | 23,023,000 | 27,231,000 | 22,201,000 |
| Equity capital | 84,998,000 | 85,502,000 | 82,256,000 | 84,022,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 7,365,000 | 15,125,000 | 23,461,000 | 32,098,000 |
| Interest expense | 2,455,000 | 5,179,000 | 8,312,000 | 12,229,000 |
| Net interest income | 4,910,000 | 9,946,000 | 15,149,000 | 19,869,000 |
| Noninterest income | 407,000 | 954,000 | 915,000 | 1,657,000 |
| Noninterest expense | 3,804,000 | 7,938,000 | 11,659,000 | 15,206,000 |
| Provision for loan losses | -12,000 | 33,000 | 865,000 | 2,093,000 |
| Pretax income | 1,525,000 | 2,929,000 | 3,540,000 | 4,227,000 |
| Income tax | -207,000 | 364,000 | 341,000 | 23,000 |
| Net income | 1,732,000 | 2,565,000 | 3,199,000 | 4,204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 77,570,000 | 79,120,000 | 75,905,000 | 77,601,000 |
| Total capital | 84,493,000 | 86,099,000 | 83,722,000 | 83,531,000 |
| Risk-weighted assets | 666,600,000 | 668,103,000 | 702,582,000 | 617,174,000 |