Call reports 2017
FEDERATION BANK — 2017
What FEDERATION 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 | 116,041,000 | 115,946,000 | 115,442,000 | 119,722,000 |
| Total loans | 69,303,000 | 72,359,000 | 76,409,000 | 77,275,000 |
| Allowance for loan losses | 873,000 | 872,000 | 839,000 | 890,000 |
| Securities available for sale | 32,389,000 | 29,629,000 | 27,953,000 | 29,557,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,884,000 | 96,367,000 | 96,659,000 | 99,104,000 |
| Interest-bearing deposits | 81,226,000 | 79,661,000 | 80,452,000 | 80,912,000 |
| Noninterest-bearing deposits | 16,658,000 | 16,706,000 | 16,207,000 | 18,192,000 |
| Equity capital | 11,146,000 | 11,448,000 | 11,566,000 | 11,613,000 |
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 | 1,038,000 | 2,112,000 | 3,209,000 | 4,341,000 |
| Interest expense | 90,000 | 175,000 | 263,000 | 355,000 |
| Net interest income | 948,000 | 1,937,000 | 2,946,000 | 3,986,000 |
| Noninterest income | 153,000 | 324,000 | 485,000 | 647,000 |
| Noninterest expense | 809,000 | 1,652,000 | 2,469,000 | 3,303,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 292,000 | 608,000 | 963,000 | 1,281,000 |
| Income tax | 11,000 | 24,000 | 39,000 | 55,000 |
| Net income | 281,000 | 584,000 | 924,000 | 1,226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,111,000 | 10,182,000 | 10,372,000 | 10,660,000 |
| Total capital | 10,984,000 | 11,054,000 | 11,211,000 | 11,550,000 |
| Risk-weighted assets | 89,209,000 | 91,129,000 | 92,269,000 | 93,874,000 |