Call reports 2018
CHOICE BANK — 2018
What CHOICE 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 | 404,914,000 | 398,701,000 | 429,510,000 | 421,118,000 |
| Total loans | 337,700,000 | 322,173,000 | 331,638,000 | 338,487,000 |
| Allowance for loan losses | 3,909,000 | 4,059,000 | 4,209,000 | 4,312,000 |
| Securities available for sale | 25,737,000 | 25,244,000 | 24,605,000 | 26,262,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 259,770,000 | 252,663,000 | 282,575,000 | 272,430,000 |
| Interest-bearing deposits | 242,658,000 | 237,539,000 | 263,315,000 | 254,426,000 |
| Noninterest-bearing deposits | 17,112,000 | 15,124,000 | 19,260,000 | 18,004,000 |
| Equity capital | 38,463,000 | 39,268,000 | 39,858,000 | 41,619,000 |
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 | 4,240,000 | 8,527,000 | 12,945,000 | 17,641,000 |
| Interest expense | 1,310,000 | 2,686,000 | 4,239,000 | 5,861,000 |
| Net interest income | 2,930,000 | 5,841,000 | 8,706,000 | 11,780,000 |
| Noninterest income | 343,000 | 587,000 | 799,000 | 1,141,000 |
| Noninterest expense | 1,616,000 | 3,219,000 | 4,996,000 | 6,482,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 0 |
| Pretax income | 1,507,000 | 2,909,000 | 4,059,000 | 6,439,000 |
| Income tax | 408,000 | 789,000 | 1,084,000 | 1,707,000 |
| Net income | 1,099,000 | 2,120,000 | 2,975,000 | 4,732,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,867,000 | 39,589,000 | 40,256,000 | 41,823,000 |
| Total capital | 42,776,000 | 43,346,000 | 44,083,000 | 45,690,000 |
| Risk-weighted assets | 314,195,000 | 300,222,000 | 305,767,000 | 308,923,000 |