Call reports 2017
PORTAGE COMMUNITY BANK — 2017
What PORTAGE COMMUNITY 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 | 326,911,000 | 325,640,000 | 335,377,000 | 333,089,000 |
| Total loans | 217,258,000 | 226,626,000 | 231,520,000 | 229,119,000 |
| Allowance for loan losses | 2,726,000 | 2,703,000 | 2,800,000 | 2,775,000 |
| Securities available for sale | 68,692,000 | 71,227,000 | 75,115,000 | 73,042,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,647,000 | 272,322,000 | 281,834,000 | 278,555,000 |
| Interest-bearing deposits | 226,880,000 | 223,651,000 | 229,430,000 | 221,370,000 |
| Noninterest-bearing deposits | 47,767,000 | 48,671,000 | 52,404,000 | 57,185,000 |
| Equity capital | 34,705,000 | 35,926,000 | 36,701,000 | 36,528,000 |
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 | 2,796,000 | 5,698,000 | 8,805,000 | 11,976,000 |
| Interest expense | 391,000 | 777,000 | 1,189,000 | 1,606,000 |
| Net interest income | 2,405,000 | 4,921,000 | 7,616,000 | 10,370,000 |
| Noninterest income | 355,000 | 879,000 | 1,398,000 | 1,950,000 |
| Noninterest expense | 2,035,000 | 4,126,000 | 6,225,000 | 8,413,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 725,000 | 1,701,000 | 2,816,000 | 3,913,000 |
| Income tax | 166,000 | 419,000 | 730,000 | 1,561,000 |
| Net income | 559,000 | 1,282,000 | 2,086,000 | 2,352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,797,000 | 35,520,000 | 36,325,000 | 36,590,000 |
| Total capital | 37,523,000 | 38,223,000 | 39,125,000 | 39,365,000 |
| Risk-weighted assets | 219,116,000 | 225,632,000 | 230,344,000 | 227,676,000 |