Call reports 2017
1ST EQUITY BANK — 2017
What 1ST EQUITY 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 | 90,596,000 | 98,496,000 | 97,511,000 | 104,796,000 |
| Total loans | 82,416,000 | 84,869,000 | 84,265,000 | 85,540,000 |
| Allowance for loan losses | 1,040,000 | 1,040,000 | 1,041,000 | 1,041,000 |
| Securities available for sale | 321,000 | 306,000 | 296,000 | 282,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,613,000 | 75,915,000 | 74,947,000 | 82,441,000 |
| Interest-bearing deposits | 61,626,000 | 64,462,000 | 66,283,000 | 72,047,000 |
| Noninterest-bearing deposits | 9,987,000 | 11,453,000 | 8,664,000 | 10,394,000 |
| Equity capital | 14,835,000 | 14,825,000 | 14,809,000 | 14,682,000 |
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 | 853,000 | 1,722,000 | 2,681,000 | 3,643,000 |
| Interest expense | 103,000 | 220,000 | 367,000 | 536,000 |
| Net interest income | 750,000 | 1,502,000 | 2,314,000 | 3,107,000 |
| Noninterest income | 732,000 | 767,000 | 796,000 | 820,000 |
| Noninterest expense | 514,000 | 1,008,000 | 1,563,000 | 2,214,000 |
| Provision for loan losses | 74,000 | 74,000 | 74,000 | 74,000 |
| Pretax income | 893,000 | 1,187,000 | 1,473,000 | 1,639,000 |
| Income tax | 5,000 | 9,000 | 14,000 | 5,000 |
| Net income | 888,000 | 1,178,000 | 1,459,000 | 1,634,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,835,000 | 14,825,000 | 14,809,000 | 14,678,000 |
| Total capital | 15,790,000 | 15,818,000 | 15,803,000 | 15,704,000 |
| Risk-weighted assets | 76,314,000 | 79,407,000 | 79,277,000 | 81,756,000 |