Call reports 2017
SAGE BANK — 2017
What SAGE 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 | 145,692,000 | 141,363,000 | 147,097,000 | 143,443,000 |
| Total loans | 118,931,000 | 123,501,000 | 130,518,000 | 130,555,000 |
| Allowance for loan losses | 790,000 | 796,000 | 837,000 | 860,000 |
| Securities available for sale | 276,000 | 275,000 | 276,000 | 275,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,321,000 | 100,858,000 | 94,776,000 | 92,623,000 |
| Interest-bearing deposits | 95,153,000 | 89,793,000 | 84,550,000 | 80,560,000 |
| Noninterest-bearing deposits | 11,168,000 | 11,065,000 | 10,226,000 | 12,063,000 |
| Equity capital | 11,971,000 | 11,564,000 | 11,287,000 | 10,655,000 |
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 | 1,336,000 | 2,742,000 | 4,221,000 | 5,720,000 |
| Interest expense | 311,000 | 624,000 | 960,000 | 1,330,000 |
| Net interest income | 1,025,000 | 2,118,000 | 3,261,000 | 4,390,000 |
| Noninterest income | 1,972,000 | 3,899,000 | 6,102,000 | 7,804,000 |
| Noninterest expense | 3,677,000 | 7,113,000 | 10,697,000 | 14,136,000 |
| Provision for loan losses | -16,000 | -16,000 | 24,000 | 48,000 |
| Pretax income | -664,000 | -1,080,000 | -1,358,000 | -1,990,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -664,000 | -1,080,000 | -1,358,000 | -1,990,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,970,000 | 11,564,000 | 11,287,000 | 10,655,000 |
| Total capital | 12,790,000 | 12,399,000 | 12,158,000 | 11,542,000 |
| Risk-weighted assets | 85,291,000 | 86,219,000 | 88,944,000 | 89,213,000 |