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Call reports 2017

BANKFIRST — 2017

What BANKFIRST reported to the FFIEC in 2017, quarter by quarter.

PERIOD: 2017SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/0add000a-1e10-43ec-950d-15592962e490/2017

Balance sheet

What the bank holds and owes at quarter end

Measure2017Q12017Q22017Q32017Q4
Total assets410,682,000430,239,000440,331,000444,666,000
Total loans289,794,000299,267,000318,490,000330,307,000
Allowance for loan losses4,089,0004,237,0004,391,0004,541,000
Securities available for sale97,922,000103,504,00096,982,00087,952,000
Securities held to maturity8,074,0007,750,0007,890,0007,646,000
Trading assets0000
Total deposits306,657,000324,028,000321,090,000290,016,000
Interest-bearing deposits266,995,000285,298,000284,929,000252,095,000
Noninterest-bearing deposits39,662,00038,730,00036,161,00037,921,000
Equity capital56,827,00058,502,00059,359,00061,092,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2017Q12017Q22017Q32017Q4
Interest income4,187,0008,986,00013,655,00018,557,000
Interest expense604,0001,376,0002,283,0003,214,000
Net interest income3,583,0007,610,00011,372,00015,343,000
Noninterest income393,000801,0001,293,0001,719,000
Noninterest expense2,134,0004,023,0006,084,0007,927,000
Provision for loan losses150,000300,000450,000600,000
Pretax income2,206,0004,939,0007,481,0009,945,000
Income tax744,0001,634,0002,533,0003,773,000
Net income1,462,0003,305,0004,948,0006,172,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2017Q12017Q22017Q32017Q4
Tier 1 capital48,787,00052,479,00054,122,00053,785,000
Total capital52,876,00056,716,00058,513,00058,326,000
Risk-weighted assets391,436,000393,852,000404,441,000405,838,000