Call reports 2019
1ST EQUITY BANK — 2019
What 1ST EQUITY BANK 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 | 97,958,000 | 102,653,000 | 95,211,000 | 96,826,000 |
| Total loans | 79,801,000 | 73,711,000 | 74,427,000 | 77,090,000 |
| Allowance for loan losses | 1,134,000 | 1,135,000 | 1,135,000 | 1,136,000 |
| Securities available for sale | 237,000 | 231,000 | 224,000 | 212,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,588,000 | 82,272,000 | 75,039,000 | 76,691,000 |
| Interest-bearing deposits | 67,651,000 | 74,579,000 | 67,526,000 | 67,341,000 |
| Noninterest-bearing deposits | 6,937,000 | 7,693,000 | 7,513,000 | 9,350,000 |
| Equity capital | 14,824,000 | 14,827,000 | 14,793,000 | 14,761,000 |
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 | 1,131,000 | 2,248,000 | 3,310,000 | 4,336,000 |
| Interest expense | 318,000 | 668,000 | 1,000,000 | 1,287,000 |
| Net interest income | 813,000 | 1,580,000 | 2,310,000 | 3,049,000 |
| Noninterest income | 30,000 | 101,000 | 127,000 | 193,000 |
| Noninterest expense | 506,000 | 1,036,000 | 1,522,000 | 2,051,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 337,000 | 645,000 | 915,000 | 1,191,000 |
| Income tax | 0 | 4,000 | 9,000 | 13,000 |
| Net income | 337,000 | 641,000 | 906,000 | 1,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,824,000 | 14,827,000 | 14,793,000 | 14,761,000 |
| Total capital | 15,899,000 | 15,718,000 | 15,693,000 | 15,695,000 |
| Risk-weighted assets | 85,912,000 | 71,018,000 | 71,756,000 | 74,540,000 |