Call reports 2018
21ST CENTURY BANK — 2018
What 21ST CENTURY BANK 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 | 443,151,000 | 455,254,000 | 448,642,000 | 488,971,000 |
| Total loans | 341,554,000 | 349,055,000 | 362,066,000 | 394,234,000 |
| Allowance for loan losses | 1,859,000 | 1,982,000 | 1,952,000 | 2,152,000 |
| Securities available for sale | 57,047,000 | 54,769,000 | 52,277,000 | 58,840,000 |
| Securities held to maturity | 1,636,000 | 1,610,000 | 1,583,000 | 1,550,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 388,411,000 | 400,113,000 | 391,179,000 | 425,756,000 |
| Interest-bearing deposits | 309,891,000 | 321,109,000 | 306,894,000 | 337,644,000 |
| Noninterest-bearing deposits | 78,520,000 | 79,004,000 | 84,285,000 | 88,112,000 |
| Equity capital | 53,343,000 | 54,223,000 | 55,107,000 | 56,510,000 |
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 | 4,129,000 | 8,453,000 | 12,931,000 | 17,803,000 |
| Interest expense | 634,000 | 1,383,000 | 2,251,000 | 3,308,000 |
| Net interest income | 3,495,000 | 7,070,000 | 10,680,000 | 14,495,000 |
| Noninterest income | 280,000 | 558,000 | 986,000 | 1,269,000 |
| Noninterest expense | 2,477,000 | 4,833,000 | 7,311,000 | 9,783,000 |
| Provision for loan losses | 225,000 | 350,000 | 435,000 | 635,000 |
| Pretax income | 1,073,000 | 2,445,000 | 3,920,000 | 5,346,000 |
| Income tax | 312,000 | 711,000 | 1,140,000 | 1,554,000 |
| Net income | 761,000 | 1,734,000 | 2,780,000 | 3,792,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,408,000 | 55,381,000 | 56,427,000 | 57,438,000 |
| Total capital | 56,267,000 | 57,363,000 | 58,379,000 | 59,590,000 |
| Risk-weighted assets | 312,247,000 | 318,899,000 | 335,368,000 | 361,025,000 |