Call reports 2018
STUDIO BANK — 2018
What STUDIO BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|
| Total assets | 45,553,000 | 75,206,000 | 113,540,000 |
| Total loans | 0 | 14,419,000 | 39,157,000 |
| Allowance for loan losses | 0 | 116,000 | 348,000 |
| Securities available for sale | 0 | 7,890,000 | 11,726,000 |
| Securities held to maturity | 0 | 0 | 4,658,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 370,000 | 31,656,000 | 71,511,000 |
| Interest-bearing deposits | 354,000 | 28,292,000 | 59,881,000 |
| Noninterest-bearing deposits | 16,000 | 3,364,000 | 11,630,000 |
| Equity capital | 45,018,000 | 43,316,000 | 41,714,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|
| Interest income | 18,000 | 398,000 | 1,194,000 |
| Interest expense | 0 | 39,000 | 267,000 |
| Net interest income | 18,000 | 359,000 | 927,000 |
| Noninterest income | 0 | 19,000 | 176,000 |
| Noninterest expense | 270,000 | 2,236,000 | 4,538,000 |
| Provision for loan losses | 0 | 116,000 | 348,000 |
| Pretax income | -252,000 | -1,974,000 | -3,783,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -252,000 | -1,974,000 | -3,783,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|
| Tier 1 capital | 45,018,000 | 43,355,000 | 41,617,000 |
| Total capital | 45,018,000 | 43,471,000 | 41,965,000 |
| Risk-weighted assets | 1,246,000 | 19,832,000 | 49,782,000 |