Call reports 2019
DRAKE BANK — 2019
What DRAKE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 125,013,000 | 125,349,000 | 130,480,000 | 116,633,000 |
| Total loans | 108,712,000 | 107,039,000 | 101,635,000 | 95,152,000 |
| Allowance for loan losses | 987,000 | 1,071,000 | 1,152,000 | 1,052,000 |
| Securities available for sale | 4,046,000 | 2,538,000 | 3,020,000 | 3,506,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,079,000 | 95,537,000 | 99,461,000 | 87,238,000 |
| Interest-bearing deposits | 70,373,000 | 71,490,000 | 74,822,000 | 65,204,000 |
| Noninterest-bearing deposits | 24,706,000 | 24,047,000 | 24,639,000 | 22,034,000 |
| Equity capital | 11,137,000 | 11,379,000 | 11,524,000 | 11,499,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,544,000 | 3,143,000 | 4,689,000 | 6,233,000 |
| Interest expense | 469,000 | 974,000 | 1,487,000 | 1,924,000 |
| Net interest income | 1,075,000 | 2,169,000 | 3,202,000 | 4,309,000 |
| Noninterest income | 90,000 | 238,000 | 433,000 | 596,000 |
| Noninterest expense | 1,041,000 | 1,971,000 | 2,975,000 | 3,938,000 |
| Provision for loan losses | 82,000 | 164,000 | 245,000 | 327,000 |
| Pretax income | 42,000 | 272,000 | 415,000 | 640,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 42,000 | 272,000 | 415,000 | 640,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,152,000 | 11,382,000 | 11,524,000 | 11,499,000 |
| Total capital | 12,139,000 | 12,453,000 | 12,676,000 | 12,551,000 |
| Risk-weighted assets | 103,508,000 | 105,722,000 | 98,970,000 | 92,368,000 |