Call reports 2018
FEDERATION BANK — 2018
What FEDERATION 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 | 119,251,000 | 116,096,000 | 119,728,000 | 121,734,000 |
| Total loans | 77,572,000 | 77,990,000 | 82,336,000 | 87,876,000 |
| Allowance for loan losses | 893,000 | 956,000 | 976,000 | 1,034,000 |
| Securities available for sale | 28,042,000 | 26,273,000 | 24,192,000 | 23,113,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,237,000 | 97,206,000 | 98,968,000 | 97,322,000 |
| Interest-bearing deposits | 82,528,000 | 79,254,000 | 81,736,000 | 82,806,000 |
| Noninterest-bearing deposits | 18,709,000 | 17,952,000 | 17,232,000 | 14,516,000 |
| Equity capital | 11,420,000 | 11,363,000 | 11,459,000 | 11,907,000 |
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 | 1,143,000 | 2,299,000 | 3,501,000 | 4,802,000 |
| Interest expense | 92,000 | 186,000 | 294,000 | 443,000 |
| Net interest income | 1,051,000 | 2,113,000 | 3,207,000 | 4,359,000 |
| Noninterest income | 161,000 | 307,000 | 456,000 | 649,000 |
| Noninterest expense | 844,000 | 1,708,000 | 2,592,000 | 3,566,000 |
| Provision for loan losses | 0 | 60,000 | 80,000 | 140,000 |
| Pretax income | 368,000 | 652,000 | 991,000 | 1,299,000 |
| Income tax | 19,000 | 32,000 | 49,000 | 64,000 |
| Net income | 349,000 | 620,000 | 942,000 | 1,235,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,751,000 | 10,759,000 | 10,945,000 | 11,252,000 |
| Total capital | 11,645,000 | 11,715,000 | 11,921,000 | 12,286,000 |
| Risk-weighted assets | 94,324,000 | 93,755,000 | 100,022,000 | 101,793,000 |