Call reports 2017
TRANSACT BANK, NATIONAL ASSOCIATION — 2017
What TRANSACT BANK, NATIONAL ASSOCIATION 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 | 54,758,000 | 52,916,000 | 60,591,000 | 55,700,000 |
| Total loans | 33,217,000 | 31,088,000 | 29,808,000 | 28,645,000 |
| Allowance for loan losses | 391,000 | 391,000 | 391,000 | 391,000 |
| Securities available for sale | 2,775,000 | 2,488,000 | 2,405,000 | 2,273,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,335,000 | 46,653,000 | 54,367,000 | 49,560,000 |
| Interest-bearing deposits | 32,173,000 | 32,038,000 | 34,354,000 | 33,114,000 |
| Noninterest-bearing deposits | 16,162,000 | 14,615,000 | 20,013,000 | 16,446,000 |
| Equity capital | 5,628,000 | 5,442,000 | 5,418,000 | 5,384,000 |
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 | 480,000 | 906,000 | 1,453,000 | 1,986,000 |
| Interest expense | 24,000 | 48,000 | 71,000 | 93,000 |
| Net interest income | 456,000 | 858,000 | 1,382,000 | 1,893,000 |
| Noninterest income | 599,000 | 1,022,000 | 1,401,000 | 1,838,000 |
| Noninterest expense | 1,040,000 | 2,042,000 | 2,971,000 | 3,943,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 15,000 | -162,000 | -188,000 | -212,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 15,000 | -162,000 | -188,000 | -212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,914,000 | 4,784,000 | 4,846,000 | 4,874,000 |
| Total capital | 5,255,000 | 5,104,000 | 5,145,000 | 5,154,000 |
| Risk-weighted assets | 26,943,000 | 25,289,000 | 23,623,000 | 22,151,000 |