Call reports 2015
FINANCE FACTORS, LIMITED — 2015
What FINANCE FACTORS, LIMITED reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 487,561,000 | 498,366,000 | 514,008,000 | 527,022,000 |
| Total loans | 302,295,000 | 318,643,000 | 337,811,000 | 342,664,000 |
| Allowance for loan losses | 8,623,000 | 8,883,000 | 9,052,000 | 9,235,000 |
| Securities available for sale | 109,323,000 | 103,381,000 | 97,847,000 | 103,178,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 388,037,000 | 392,933,000 | 398,393,000 | 412,021,000 |
| Interest-bearing deposits | 387,469,000 | 392,048,000 | 397,840,000 | 410,979,000 |
| Noninterest-bearing deposits | 568,000 | 885,000 | 553,000 | 1,042,000 |
| Equity capital | 65,214,000 | 65,690,000 | 64,585,000 | 64,621,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 4,585,000 | 9,407,000 | 14,302,000 | 19,453,000 |
| Interest expense | 520,000 | 1,058,000 | 1,611,000 | 2,201,000 |
| Net interest income | 4,065,000 | 8,349,000 | 12,691,000 | 17,252,000 |
| Noninterest income | 1,221,000 | 1,528,000 | 1,924,000 | 2,240,000 |
| Noninterest expense | 3,587,000 | 7,086,000 | 10,993,000 | 15,231,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,596,000 | 3,709,000 | 4,601,000 | 5,271,000 |
| Income tax | 909,000 | 1,260,000 | 1,537,000 | 1,699,000 |
| Net income | 1,687,000 | 2,449,000 | 3,064,000 | 3,572,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,732,000 | 60,093,000 | 59,524,000 | 59,556,000 |
| Total capital | 62,316,000 | 64,841,000 | 64,069,000 | 64,293,000 |
| Risk-weighted assets | 332,560,000 | 345,443,000 | 356,321,000 | 362,437,000 |