Call reports 2017
FIRST ELECTRONIC BANK — 2017
What FIRST ELECTRONIC 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 | 20,742,000 | 21,010,000 | 21,075,000 | 23,308,000 |
| Total loans | 5,862,000 | 5,487,000 | 6,245,000 | 7,996,000 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 255,000 | 257,000 | 387,000 | 389,000 |
| Securities held to maturity | 21,000 | 21,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,936,000 | 9,152,000 | 8,741,000 | 9,611,000 |
| Interest-bearing deposits | 8,745,000 | 8,964,000 | 8,472,000 | 8,957,000 |
| Noninterest-bearing deposits | 191,000 | 188,000 | 269,000 | 654,000 |
| Equity capital | 9,867,000 | 10,020,000 | 10,412,000 | 11,243,000 |
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 | 392,000 | 890,000 | 1,376,000 | 1,887,000 |
| Interest expense | 18,000 | 39,000 | 67,000 | 92,000 |
| Net interest income | 374,000 | 851,000 | 1,309,000 | 1,795,000 |
| Noninterest income | 2,009,000 | 4,062,000 | 6,165,000 | 8,439,000 |
| Noninterest expense | 2,255,000 | 4,634,000 | 6,804,000 | 9,170,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 128,000 | 279,000 | 670,000 | 1,064,000 |
| Income tax | 0 | -1,000 | -1,000 | -440,000 |
| Net income | 128,000 | 280,000 | 671,000 | 1,504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,817,000 | 8,968,000 | 9,359,000 | 9,753,000 |
| Total capital | 8,817,000 | 8,968,000 | 9,359,000 | 9,753,000 |
| Risk-weighted assets | 8,708,000 | 8,292,000 | 9,194,000 | 11,732,000 |