Call reports 2019
STUDIO BANK — 2019
What STUDIO 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 | 130,366,000 | 162,972,000 | 196,542,000 | 225,276,000 |
| Total loans | 69,676,000 | 114,548,000 | 142,099,000 | 167,569,000 |
| Allowance for loan losses | 628,000 | 1,014,000 | 1,260,000 | 1,628,000 |
| Securities available for sale | 17,274,000 | 16,700,000 | 15,393,000 | 15,840,000 |
| Securities held to maturity | 4,623,000 | 4,599,000 | 4,576,000 | 4,553,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,317,000 | 123,104,000 | 157,489,000 | 187,125,000 |
| Interest-bearing deposits | 80,234,000 | 109,811,000 | 139,274,000 | 163,194,000 |
| Noninterest-bearing deposits | 9,083,000 | 13,293,000 | 18,215,000 | 23,931,000 |
| Equity capital | 40,759,000 | 39,515,000 | 38,768,000 | 37,635,000 |
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 | 1,304,000 | 2,932,000 | 4,988,000 | 7,233,000 |
| Interest expense | 407,000 | 875,000 | 1,572,000 | 2,304,000 |
| Net interest income | 897,000 | 2,057,000 | 3,416,000 | 4,929,000 |
| Noninterest income | 217,000 | 502,000 | 1,090,000 | 1,804,000 |
| Noninterest expense | 2,336,000 | 4,966,000 | 7,707,000 | 10,617,000 |
| Provision for loan losses | 280,000 | 668,000 | 914,000 | 1,282,000 |
| Pretax income | -1,502,000 | -3,075,000 | -4,115,000 | -5,166,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,502,000 | -3,075,000 | -4,115,000 | -5,166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,542,000 | 39,110,000 | 38,202,000 | 37,274,000 |
| Total capital | 41,170,000 | 40,124,000 | 39,462,000 | 38,902,000 |
| Risk-weighted assets | 79,317,000 | 118,934,000 | 141,665,000 | 169,604,000 |