Call reports 2019
ELEVATE BANK, NATIONAL ASSOCIATION — 2019
What ELEVATE BANK, NATIONAL ASSOCIATION 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 | 58,428,000 | 56,164,000 | 54,735,000 | 54,894,000 |
| Total loans | 27,953,000 | 29,082,000 | 27,007,000 | 28,064,000 |
| Allowance for loan losses | 594,000 | 593,000 | 487,000 | 485,000 |
| Securities available for sale | 17,359,000 | 16,879,000 | 15,223,000 | 14,228,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,196,000 | 48,697,000 | 47,397,000 | 47,611,000 |
| Interest-bearing deposits | 36,616,000 | 35,482,000 | 33,908,000 | 35,376,000 |
| Noninterest-bearing deposits | 14,580,000 | 13,215,000 | 13,489,000 | 12,235,000 |
| Equity capital | 6,958,000 | 7,201,000 | 7,054,000 | 7,066,000 |
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 | 574,000 | 1,136,000 | 1,689,000 | 2,227,000 |
| Interest expense | 81,000 | 165,000 | 256,000 | 349,000 |
| Net interest income | 493,000 | 971,000 | 1,433,000 | 1,878,000 |
| Noninterest income | 51,000 | 95,000 | 151,000 | 207,000 |
| Noninterest expense | 527,000 | 1,035,000 | 1,544,000 | 2,061,000 |
| Provision for loan losses | 0 | 0 | 225,000 | 225,000 |
| Pretax income | 17,000 | 33,000 | -182,000 | -196,000 |
| Income tax | 16,000 | 16,000 | 17,000 | 5,000 |
| Net income | 1,000 | 17,000 | -199,000 | -201,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,268,000 | 7,284,000 | 7,069,000 | 7,066,000 |
| Total capital | 7,695,000 | 7,706,000 | 7,473,000 | 7,479,000 |
| Risk-weighted assets | 34,060,000 | 33,639,000 | 32,274,000 | 33,039,000 |