Call reports 2017
SOUTH PORTE BANK — 2017
What SOUTH PORTE 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 | 75,265,000 | 85,124,000 | 89,417,000 | 94,210,000 |
| Total loans | 55,280,000 | 61,156,000 | 65,357,000 | 69,526,000 |
| Allowance for loan losses | 497,000 | 540,000 | 573,000 | 582,000 |
| Securities available for sale | 5,509,000 | 5,364,000 | 8,415,000 | 8,140,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,007,000 | 71,677,000 | 74,791,000 | 79,486,000 |
| Interest-bearing deposits | 58,567,000 | 66,947,000 | 69,366,000 | 72,685,000 |
| Noninterest-bearing deposits | 5,440,000 | 4,730,000 | 5,425,000 | 6,801,000 |
| Equity capital | 6,151,000 | 8,356,000 | 8,489,000 | 8,599,000 |
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 | 686,000 | 1,464,000 | 2,317,000 | 3,242,000 |
| Interest expense | 151,000 | 332,000 | 537,000 | 775,000 |
| Net interest income | 535,000 | 1,132,000 | 1,780,000 | 2,467,000 |
| Noninterest income | 46,000 | 101,000 | 173,000 | 224,000 |
| Noninterest expense | 474,000 | 979,000 | 1,509,000 | 2,076,000 |
| Provision for loan losses | 70,000 | 126,000 | 162,000 | 171,000 |
| Pretax income | 37,000 | 128,000 | 282,000 | 444,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 37,000 | 128,000 | 282,000 | 444,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,811,000 | 7,952,000 | 8,108,000 | 8,270,000 |
| Total capital | 6,317,000 | 8,501,000 | 8,690,000 | 8,871,000 |
| Risk-weighted assets | 50,300,000 | 57,383,000 | 60,108,000 | 66,373,000 |