Call reports 2018
DRAKE BANK — 2018
What DRAKE 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 | 97,586,000 | 109,561,000 | 111,162,000 | 119,393,000 |
| Total loans | 86,822,000 | 96,043,000 | 99,020,000 | 108,819,000 |
| Allowance for loan losses | 1,068,000 | 1,161,000 | 1,197,000 | 903,000 |
| Securities available for sale | 4,089,000 | 4,574,000 | 4,550,000 | 4,546,000 |
| Securities held to maturity | 503,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,918,000 | 83,787,000 | 86,322,000 | 86,936,000 |
| Interest-bearing deposits | 48,157,000 | 58,245,000 | 59,184,000 | 64,029,000 |
| Noninterest-bearing deposits | 24,761,000 | 25,542,000 | 27,138,000 | 22,907,000 |
| Equity capital | 11,247,000 | 11,145,000 | 11,347,000 | 11,075,000 |
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 | 1,275,000 | 2,652,000 | 4,277,000 | 5,831,000 |
| Interest expense | 191,000 | 419,000 | 699,000 | 1,031,000 |
| Net interest income | 1,084,000 | 2,233,000 | 3,578,000 | 4,800,000 |
| Noninterest income | 108,000 | 266,000 | 424,000 | 515,000 |
| Noninterest expense | 953,000 | 2,091,000 | 3,161,000 | 4,257,000 |
| Provision for loan losses | 100,000 | 370,000 | 600,000 | 1,030,000 |
| Pretax income | 139,000 | 38,000 | 241,000 | 28,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 139,000 | 38,000 | 241,000 | 28,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,296,000 | 11,195,000 | 11,398,000 | 11,110,000 |
| Total capital | 12,305,000 | 12,356,000 | 12,595,000 | 12,013,000 |
| Risk-weighted assets | 80,720,000 | 93,985,000 | 97,228,000 | 104,236,000 |