Call reports 2017
HEADWATERS STATE BANK — 2017
What HEADWATERS STATE 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 | 61,655,000 | 62,526,000 | 63,758,000 | 68,018,000 |
| Total loans | 40,325,000 | 40,342,000 | 39,947,000 | 40,112,000 |
| Allowance for loan losses | 692,000 | 692,000 | 620,000 | 618,000 |
| Securities available for sale | 17,049,000 | 16,973,000 | 16,830,000 | 17,252,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,216,000 | 52,823,000 | 53,973,000 | 58,308,000 |
| Interest-bearing deposits | 42,557,000 | 42,811,000 | 43,534,000 | 48,416,000 |
| Noninterest-bearing deposits | 9,659,000 | 10,012,000 | 10,439,000 | 9,892,000 |
| Equity capital | 9,377,000 | 9,586,000 | 9,619,000 | 9,510,000 |
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 | 684,000 | 1,364,000 | 2,050,000 | 2,725,000 |
| Interest expense | 66,000 | 126,000 | 189,000 | 254,000 |
| Net interest income | 618,000 | 1,238,000 | 1,861,000 | 2,471,000 |
| Noninterest income | 39,000 | 82,000 | 127,000 | 184,000 |
| Noninterest expense | 491,000 | 948,000 | 1,387,000 | 1,827,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 | 10,000 |
| Pretax income | 156,000 | 362,000 | 591,000 | 818,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 156,000 | 362,000 | 591,000 | 818,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,602,000 | 9,658,000 | 9,737,000 | 9,814,000 |
| Total capital | 10,057,000 | 10,114,000 | 10,185,000 | 10,281,000 |
| Risk-weighted assets | 36,174,000 | 36,265,000 | 35,690,000 | 37,218,000 |