Call reports 2018
TRANSACT BANK, NATIONAL ASSOCIATION — 2018
What TRANSACT BANK, NATIONAL ASSOCIATION 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 | 53,664,000 | 53,568,000 | 56,213,000 | 53,654,000 |
| Total loans | 27,383,000 | 26,495,000 | 24,829,000 | 22,786,000 |
| Allowance for loan losses | 384,000 | 384,000 | 377,000 | 65,000 |
| Securities available for sale | 2,101,000 | 1,647,000 | 1,538,000 | 1,499,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,703,000 | 47,568,000 | 48,218,000 | 46,631,000 |
| Interest-bearing deposits | 32,541,000 | 31,392,000 | 31,220,000 | 30,886,000 |
| Noninterest-bearing deposits | 15,162,000 | 16,176,000 | 16,998,000 | 15,745,000 |
| Equity capital | 5,207,000 | 5,236,000 | 7,295,000 | 6,179,000 |
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 | 403,000 | 930,000 | 1,490,000 | 2,021,000 |
| Interest expense | 21,000 | 42,000 | 64,000 | 84,000 |
| Net interest income | 382,000 | 888,000 | 1,426,000 | 1,937,000 |
| Noninterest income | 426,000 | 899,000 | 1,319,000 | 1,119,000 |
| Noninterest expense | 934,000 | 1,879,000 | 2,771,000 | 3,880,000 |
| Provision for loan losses | 30,000 | 30,000 | 55,000 | 379,000 |
| Pretax income | -156,000 | -122,000 | -81,000 | -1,203,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -156,000 | -122,000 | -81,000 | -1,203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,671,000 | 4,783,000 | 7,018,000 | 5,971,000 |
| Total capital | 4,945,000 | 5,045,000 | 7,263,000 | 6,043,000 |
| Risk-weighted assets | 21,716,000 | 20,715,000 | 19,489,000 | 17,102,000 |