Call reports 2019
COGENT BANK — 2019
What COGENT 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 | 199,583,000 | 207,169,000 | 243,024,000 | 287,319,000 |
| Total loans | 115,829,000 | 148,275,000 | 179,320,000 | 216,942,000 |
| Allowance for loan losses | 2,633,000 | 2,642,000 | 2,818,000 | 2,801,000 |
| Securities available for sale | 46,236,000 | 52,416,000 | 56,406,000 | 59,639,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,543,000 | 164,363,000 | 200,782,000 | 230,455,000 |
| Interest-bearing deposits | 138,601,000 | 133,322,000 | 149,447,000 | 163,733,000 |
| Noninterest-bearing deposits | 21,941,000 | 31,041,000 | 51,335,000 | 66,723,000 |
| Equity capital | 35,346,000 | 35,450,000 | 37,012,000 | 40,106,000 |
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 | 1,632,000 | 3,938,000 | 6,572,000 | 9,648,000 |
| Interest expense | 367,000 | 923,000 | 1,545,000 | 2,276,000 |
| Net interest income | 1,265,000 | 3,015,000 | 5,027,000 | 7,372,000 |
| Noninterest income | 186,000 | 448,000 | 1,513,000 | 1,895,000 |
| Noninterest expense | 2,314,000 | 4,823,000 | 7,864,000 | 10,712,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -863,000 | -1,360,000 | -1,324,000 | -1,445,000 |
| Income tax | 0 | 0 | 0 | -2,589,000 |
| Net income | -863,000 | -1,360,000 | -1,324,000 | 1,144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,772,000 | 35,336,000 | 36,881,000 | 37,377,000 |
| Total capital | 37,453,000 | 37,296,000 | 39,084,000 | 40,178,000 |
| Risk-weighted assets | 133,566,000 | 156,140,000 | 175,649,000 | 235,802,000 |