Call reports 2018
SAGE BANK — 2018
What SAGE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 |
|---|---|---|
| Total assets | 141,727,000 | 143,417,000 |
| Total loans | 126,131,000 | 123,782,000 |
| Allowance for loan losses | 760,000 | 760,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 91,372,000 | 83,928,000 |
| Interest-bearing deposits | 79,213,000 | 72,330,000 |
| Noninterest-bearing deposits | 12,159,000 | 11,598,000 |
| Equity capital | 10,234,000 | 9,983,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 |
|---|---|---|
| Interest income | 1,496,000 | 2,971,000 |
| Interest expense | 370,000 | 782,000 |
| Net interest income | 1,126,000 | 2,189,000 |
| Noninterest income | 1,178,000 | 2,629,000 |
| Noninterest expense | 2,827,000 | 5,592,000 |
| Provision for loan losses | -100,000 | -100,000 |
| Pretax income | -421,000 | -672,000 |
| Income tax | 0 | 0 |
| Net income | -421,000 | -672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 |
|---|---|---|
| Tier 1 capital | 10,234,000 | 9,983,000 |
| Total capital | 11,018,000 | 10,767,000 |
| Risk-weighted assets | 88,146,000 | 86,710,000 |