Call reports 2018
COGENT BANK — 2018
What COGENT BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 82,101,000 | 88,940,000 | 103,726,000 | 130,787,000 |
| Total loans | 52,198,000 | 51,315,000 | 63,521,000 | 79,371,000 |
| Allowance for loan losses | 2,888,000 | 2,600,000 | 2,612,000 | 2,624,000 |
| Securities available for sale | 26,398,000 | 25,851,000 | 24,649,000 | 39,983,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,826,000 | 76,472,000 | 84,457,000 | 102,622,000 |
| Interest-bearing deposits | 68,027,000 | 69,140,000 | 76,595,000 | 90,111,000 |
| Noninterest-bearing deposits | 6,799,000 | 7,332,000 | 7,862,000 | 12,511,000 |
| Equity capital | 1,599,000 | 9,317,000 | 9,519,000 | 27,949,000 |
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 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 806,000 | 1,627,000 | 2,600,000 | 3,789,000 |
| Interest expense | 158,000 | 322,000 | 486,000 | 725,000 |
| Net interest income | 648,000 | 1,305,000 | 2,114,000 | 3,064,000 |
| Noninterest income | 22,000 | -333,000 | -315,000 | -284,000 |
| Noninterest expense | 747,000 | 590,000 | 1,861,000 | 3,567,000 |
| Provision for loan losses | 0 | -300,000 | -516,000 | -516,000 |
| Pretax income | -77,000 | 682,000 | 454,000 | -271,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -77,000 | 682,000 | 454,000 | -271,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,471,000 | 10,229,000 | 10,603,000 | 28,690,000 |
| Total capital | 3,092,000 | 10,825,000 | 11,386,000 | 29,733,000 |
| Risk-weighted assets | 47,407,000 | 45,657,000 | 60,810,000 | 81,821,000 |