Call reports 2017
FIRSTATLANTIC BANK — 2017
What FIRSTATLANTIC 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 | 451,229,000 | 461,747,000 | 464,743,000 | 436,062,000 |
| Total loans | 313,296,000 | 323,598,000 | 322,057,000 | 310,636,000 |
| Allowance for loan losses | 2,335,000 | 2,374,000 | 2,356,000 | 2,614,000 |
| Securities available for sale | 80,562,000 | 80,866,000 | 78,330,000 | 74,824,000 |
| Securities held to maturity | 7,139,000 | 7,093,000 | 7,045,000 | 6,736,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 393,438,000 | 377,075,000 | 374,935,000 | 376,985,000 |
| Interest-bearing deposits | 283,489,000 | 265,880,000 | 261,919,000 | 262,993,000 |
| Noninterest-bearing deposits | 109,949,000 | 111,195,000 | 113,016,000 | 113,992,000 |
| Equity capital | 54,127,000 | 55,421,000 | 56,812,000 | 56,545,000 |
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 | 4,616,000 | 9,543,000 | 14,523,000 | 19,265,000 |
| Interest expense | 455,000 | 959,000 | 1,484,000 | 1,985,000 |
| Net interest income | 4,161,000 | 8,584,000 | 13,039,000 | 17,280,000 |
| Noninterest income | 311,000 | 702,000 | 1,082,000 | 1,451,000 |
| Noninterest expense | 3,157,000 | 6,199,000 | 9,323,000 | 12,819,000 |
| Provision for loan losses | 65,000 | 138,000 | 138,000 | 138,000 |
| Pretax income | 1,250,000 | 2,949,000 | 4,660,000 | 5,774,000 |
| Income tax | 474,000 | 1,091,000 | 1,408,000 | 2,181,000 |
| Net income | 776,000 | 1,858,000 | 3,252,000 | 3,593,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,404,000 | 54,577,000 | 55,993,000 | 56,387,000 |
| Total capital | 55,739,000 | 56,951,000 | 58,349,000 | 59,001,000 |
| Risk-weighted assets | 330,731,000 | 334,215,000 | 338,837,000 | 329,510,000 |