Call reports 2017
FINANCE FACTORS, LIMITED — 2017
What FINANCE FACTORS, LIMITED 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 | 568,723,000 | 562,855,000 | 576,498,000 | 566,373,000 |
| Total loans | 387,733,000 | 384,340,000 | 391,373,000 | 390,819,000 |
| Allowance for loan losses | 9,585,000 | 9,695,000 | 9,767,000 | 10,014,000 |
| Securities available for sale | 105,969,000 | 104,379,000 | 111,276,000 | 106,372,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 451,452,000 | 461,915,000 | 467,864,000 | 465,243,000 |
| Interest-bearing deposits | 451,178,000 | 461,684,000 | 467,864,000 | 465,042,000 |
| Noninterest-bearing deposits | 274,000 | 231,000 | 0 | 201,000 |
| Equity capital | 62,391,000 | 63,395,000 | 64,419,000 | 63,013,000 |
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 | 5,684,000 | 11,495,000 | 17,325,000 | 23,276,000 |
| Interest expense | 857,000 | 1,794,000 | 2,802,000 | 3,828,000 |
| Net interest income | 4,827,000 | 9,701,000 | 14,523,000 | 19,448,000 |
| Noninterest income | 347,000 | 681,000 | 1,090,000 | 1,381,000 |
| Noninterest expense | 3,712,000 | 7,534,000 | 11,490,000 | 16,158,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,660,000 | 3,037,000 | 4,711,000 | 4,964,000 |
| Income tax | 593,000 | 1,159,000 | 1,841,000 | 2,515,000 |
| Net income | 1,067,000 | 1,878,000 | 2,870,000 | 2,449,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,759,000 | 58,720,000 | 59,797,000 | 59,658,000 |
| Total capital | 63,057,000 | 64,091,000 | 65,333,000 | 65,506,000 |
| Risk-weighted assets | 380,993,000 | 381,890,000 | 392,158,000 | 390,526,000 |