Call reports 2017
MORGAN FEDERAL BANK — 2017
What MORGAN FEDERAL 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 |
|---|---|---|---|
| Total assets | 112,695,000 | 112,264,000 | 106,297,000 |
| Total loans | 52,425,000 | 51,975,000 | 51,825,000 |
| Allowance for loan losses | 365,000 | 365,000 | 365,000 |
| Securities available for sale | 47,708,000 | 39,554,000 | 37,665,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 96,973,000 | 96,648,000 | 91,762,000 |
| Interest-bearing deposits | 81,711,000 | 81,438,000 | 75,161,000 |
| Noninterest-bearing deposits | 15,262,000 | 15,210,000 | 16,601,000 |
| Equity capital | 12,424,000 | 12,631,000 | 11,193,000 |
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 |
|---|---|---|---|
| Interest income | 882,000 | 1,794,000 | 2,674,000 |
| Interest expense | 116,000 | 258,000 | 400,000 |
| Net interest income | 766,000 | 1,536,000 | 2,274,000 |
| Noninterest income | 269,000 | 703,000 | 647,000 |
| Noninterest expense | 1,035,000 | 1,854,000 | 4,211,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 0 | 566,000 | -1,110,000 |
| Income tax | -119,000 | 62,000 | -185,000 |
| Net income | 119,000 | 504,000 | -925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Tier 1 capital | 12,332,000 | 12,407,000 | 10,981,000 |
| Total capital | 12,697,000 | 12,772,000 | 11,346,000 |
| Risk-weighted assets | 68,088,000 | 61,633,000 | 60,574,000 |