Call reports 2018
PORTAGE COMMUNITY BANK — 2018
What PORTAGE COMMUNITY 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 | 331,610,000 | 329,763,000 | 329,351,000 | 339,421,000 |
| Total loans | 229,034,000 | 238,529,000 | 239,322,000 | 246,368,000 |
| Allowance for loan losses | 2,759,000 | 2,802,000 | 2,963,000 | 2,962,000 |
| Securities available for sale | 70,891,000 | 69,972,000 | 68,005,000 | 66,144,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,995,000 | 273,814,000 | 274,386,000 | 278,332,000 |
| Interest-bearing deposits | 224,861,000 | 222,109,000 | 220,493,000 | 225,296,000 |
| Noninterest-bearing deposits | 52,134,000 | 51,705,000 | 53,893,000 | 53,036,000 |
| Equity capital | 36,637,000 | 37,324,000 | 38,037,000 | 39,282,000 |
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 | 3,063,000 | 6,222,000 | 9,535,000 | 12,967,000 |
| Interest expense | 428,000 | 895,000 | 1,414,000 | 2,042,000 |
| Net interest income | 2,635,000 | 5,327,000 | 8,121,000 | 10,925,000 |
| Noninterest income | 408,000 | 838,000 | 1,341,000 | 1,735,000 |
| Noninterest expense | 2,172,000 | 4,366,000 | 6,546,000 | 8,688,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 869,000 | 1,797,000 | 2,914,000 | 3,970,000 |
| Income tax | 133,000 | 275,000 | 459,000 | 643,000 |
| Net income | 736,000 | 1,522,000 | 2,455,000 | 3,327,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,326,000 | 38,112,000 | 39,045,000 | 39,917,000 |
| Total capital | 40,085,000 | 40,914,000 | 41,996,000 | 42,879,000 |
| Risk-weighted assets | 227,091,000 | 233,455,000 | 236,049,000 | 242,543,000 |