Call reports 2019
PORTAGE COMMUNITY BANK — 2019
What PORTAGE COMMUNITY BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 341,956,000 | 343,260,000 | 355,613,000 | 356,758,000 |
| Total loans | 248,600,000 | 258,023,000 | 260,500,000 | 267,209,000 |
| Allowance for loan losses | 2,952,000 | 2,988,000 | 2,989,000 | 2,938,000 |
| Securities available for sale | 66,857,000 | 62,889,000 | 63,212,000 | 62,356,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 283,825,000 | 280,259,000 | 291,781,000 | 292,466,000 |
| Interest-bearing deposits | 231,682,000 | 229,498,000 | 234,689,000 | 236,583,000 |
| Noninterest-bearing deposits | 52,143,000 | 50,761,000 | 57,092,000 | 55,883,000 |
| Equity capital | 40,497,000 | 41,809,000 | 42,817,000 | 43,704,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,439,000 | 7,002,000 | 10,687,000 | 14,335,000 |
| Interest expense | 713,000 | 1,475,000 | 2,279,000 | 3,081,000 |
| Net interest income | 2,726,000 | 5,527,000 | 8,408,000 | 11,254,000 |
| Noninterest income | 393,000 | 812,000 | 1,280,000 | 1,793,000 |
| Noninterest expense | 2,294,000 | 4,690,000 | 7,074,000 | 9,456,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 826,000 | 1,652,000 | 2,617,000 | 3,594,000 |
| Income tax | 125,000 | 248,000 | 410,000 | 563,000 |
| Net income | 701,000 | 1,404,000 | 2,207,000 | 3,031,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,618,000 | 41,321,000 | 42,124,000 | 42,948,000 |
| Total capital | 43,570,000 | 44,309,000 | 45,113,000 | 45,886,000 |
| Risk-weighted assets | 244,297,000 | 250,562,000 | 253,741,000 | 260,206,000 |