Call reports 2018
AVANA BANK — 2018
What AVANA BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 41,841,000 | 41,018,000 | 41,776,000 | 38,890,000 |
| Total loans | 13,134,000 | 12,428,000 | 12,739,000 | 12,961,000 |
| Allowance for loan losses | 100,000 | 100,000 | 100,000 | 100,000 |
| Securities available for sale | 1,269,000 | 3,247,000 | 3,256,000 | 3,245,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,405,000 | 37,525,000 | 38,269,000 | 35,344,000 |
| Interest-bearing deposits | 27,882,000 | 26,958,000 | 26,783,000 | 23,346,000 |
| Noninterest-bearing deposits | 10,523,000 | 10,567,000 | 11,486,000 | 11,998,000 |
| Equity capital | 3,346,000 | 3,393,000 | 3,395,000 | 3,434,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 269,000 | 561,000 | 867,000 | 1,190,000 |
| Interest expense | 5,000 | 9,000 | 16,000 | 21,000 |
| Net interest income | 264,000 | 552,000 | 851,000 | 1,169,000 |
| Noninterest income | 40,000 | 69,000 | 97,000 | 128,000 |
| Noninterest expense | 249,000 | 503,000 | 752,000 | 1,013,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | 45,000 | 108,000 | 186,000 | 274,000 |
| Income tax | -18,000 | -3,000 | 14,000 | 33,000 |
| Net income | 63,000 | 111,000 | 172,000 | 241,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,749,000 | 2,796,000 | 2,798,000 | 2,836,000 |
| Total capital | 2,849,000 | 2,896,000 | 2,898,000 | 2,936,000 |
| Risk-weighted assets | 12,718,000 | 12,023,000 | 12,321,000 | 12,605,000 |