Call reports 2015
ELEVATE BANK, NATIONAL ASSOCIATION — 2015
What ELEVATE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 65,103,000 | 64,134,000 | 57,455,000 | 62,516,000 |
| Total loans | 15,591,000 | 17,663,000 | 17,478,000 | 18,959,000 |
| Allowance for loan losses | 306,000 | 321,000 | 324,000 | 339,000 |
| Securities available for sale | 32,409,000 | 29,371,000 | 25,516,000 | 27,722,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,311,000 | 42,888,000 | 42,997,000 | 43,852,000 |
| Interest-bearing deposits | 31,647,000 | 31,569,000 | 31,968,000 | 32,074,000 |
| Noninterest-bearing deposits | 11,664,000 | 11,319,000 | 11,029,000 | 11,778,000 |
| Equity capital | 6,070,000 | 5,804,000 | 6,149,000 | 5,870,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 428,000 | 886,000 | 1,329,000 | 1,781,000 |
| Interest expense | 47,000 | 98,000 | 141,000 | 184,000 |
| Net interest income | 381,000 | 788,000 | 1,188,000 | 1,597,000 |
| Noninterest income | 63,000 | 130,000 | 191,000 | 251,000 |
| Noninterest expense | 379,000 | 764,000 | 1,115,000 | 1,487,000 |
| Provision for loan losses | 0 | 0 | 0 | 30,000 |
| Pretax income | 86,000 | 222,000 | 346,000 | 419,000 |
| Income tax | 3,000 | 9,000 | 14,000 | 17,000 |
| Net income | 83,000 | 213,000 | 332,000 | 402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,832,000 | 5,962,000 | 6,081,000 | 5,870,000 |
| Total capital | 6,138,000 | 6,283,000 | 6,405,000 | 6,209,000 |
| Risk-weighted assets | 26,250,000 | 28,368,000 | 26,646,000 | 30,223,000 |