Call reports 2017
CHOICE BANK — 2017
What CHOICE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 343,673,000 | 352,793,000 | 370,985,000 | 400,011,000 |
| Total loans | 288,105,000 | 298,826,000 | 309,038,000 | 339,417,000 |
| Allowance for loan losses | 5,029,000 | 5,092,000 | 4,057,000 | 3,759,000 |
| Securities available for sale | 28,868,000 | 27,723,000 | 27,393,000 | 26,279,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 227,206,000 | 222,504,000 | 229,183,000 | 251,170,000 |
| Interest-bearing deposits | 212,197,000 | 207,436,000 | 213,633,000 | 234,095,000 |
| Noninterest-bearing deposits | 15,009,000 | 15,068,000 | 15,550,000 | 17,075,000 |
| Equity capital | 36,922,000 | 37,665,000 | 38,291,000 | 37,691,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,468,000 | 7,214,000 | 10,963,000 | 15,020,000 |
| Interest expense | 840,000 | 1,746,000 | 2,756,000 | 3,902,000 |
| Net interest income | 2,628,000 | 5,468,000 | 8,207,000 | 11,118,000 |
| Noninterest income | 153,000 | 318,000 | 523,000 | 755,000 |
| Noninterest expense | 1,289,000 | 2,735,000 | 4,176,000 | 5,714,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 1,510,000 |
| Pretax income | 1,372,000 | 2,811,000 | 4,194,000 | 4,649,000 |
| Income tax | 506,000 | 1,056,000 | 1,587,000 | 2,315,000 |
| Net income | 866,000 | 1,755,000 | 2,607,000 | 2,334,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,790,000 | 37,421,000 | 38,065,000 | 37,911,000 |
| Total capital | 40,108,000 | 40,898,000 | 41,671,000 | 41,670,000 |
| Risk-weighted assets | 263,422,000 | 276,140,000 | 287,703,000 | 314,848,000 |