Call reports 2017
AVANA BANK — 2017
What AVANA 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 | 38,427,000 | 36,362,000 | 36,159,000 | 38,969,000 |
| Total loans | 13,024,000 | 13,133,000 | 13,749,000 | 14,005,000 |
| Allowance for loan losses | 101,000 | 102,000 | 102,000 | 115,000 |
| Securities available for sale | 1,300,000 | 1,292,000 | 1,285,000 | 2,521,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,947,000 | 32,904,000 | 32,685,000 | 35,596,000 |
| Interest-bearing deposits | 25,258,000 | 22,841,000 | 22,765,000 | 24,425,000 |
| Noninterest-bearing deposits | 9,689,000 | 10,063,000 | 9,920,000 | 11,171,000 |
| Equity capital | 3,359,000 | 3,370,000 | 3,392,000 | 3,313,000 |
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 | 226,000 | 447,000 | 685,000 | 944,000 |
| Interest expense | 5,000 | 10,000 | 12,000 | 18,000 |
| Net interest income | 221,000 | 437,000 | 673,000 | 926,000 |
| Noninterest income | 174,000 | 229,000 | 262,000 | 292,000 |
| Noninterest expense | 256,000 | 512,000 | 746,000 | 988,000 |
| Provision for loan losses | -15,000 | -15,000 | -15,000 | -15,000 |
| Pretax income | 154,000 | 169,000 | 204,000 | 245,000 |
| Income tax | -7,000 | -4,000 | 9,000 | 42,000 |
| Net income | 161,000 | 173,000 | 195,000 | 203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,760,000 | 2,772,000 | 2,794,000 | 2,715,000 |
| Total capital | 2,861,000 | 2,874,000 | 2,896,000 | 2,830,000 |
| Risk-weighted assets | 13,244,000 | 13,019,000 | 13,941,000 | 14,225,000 |