Call reports 2019
FIRST ELECTRONIC BANK — 2019
What FIRST ELECTRONIC 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 | 38,397,000 | 45,254,000 | 55,872,000 | 52,628,000 |
| Total loans | 16,471,000 | 12,514,000 | 15,810,000 | 18,376,000 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 533,000 | 543,000 | 56,000 | 56,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,258,000 | 26,725,000 | 35,309,000 | 29,596,000 |
| Interest-bearing deposits | 18,946,000 | 24,965,000 | 32,493,000 | 26,163,000 |
| Noninterest-bearing deposits | 312,000 | 1,760,000 | 2,816,000 | 3,433,000 |
| Equity capital | 13,395,000 | 13,925,000 | 14,631,000 | 15,531,000 |
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 | 1,147,000 | 2,569,000 | 4,297,000 | 6,842,000 |
| Interest expense | 119,000 | 245,000 | 407,000 | 577,000 |
| Net interest income | 1,028,000 | 2,324,000 | 3,890,000 | 6,265,000 |
| Noninterest income | 2,285,000 | 4,477,000 | 6,768,000 | 8,987,000 |
| Noninterest expense | 2,490,000 | 5,290,000 | 8,210,000 | 11,404,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 823,000 | 1,511,000 | 2,455,000 | 3,855,000 |
| Income tax | 215,000 | 380,000 | 616,000 | 936,000 |
| Net income | 608,000 | 1,131,000 | 1,839,000 | 2,919,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,301,000 | 13,518,000 | 14,219,000 | 15,119,000 |
| Total capital | 12,301,000 | 13,518,000 | 14,219,000 | 15,119,000 |
| Risk-weighted assets | 19,322,000 | 14,576,000 | 17,680,000 | 20,419,000 |