Call reports 2018
FINANCE FACTORS, LIMITED — 2018
What FINANCE FACTORS, LIMITED 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 | 561,037,000 | 572,188,000 | 572,815,000 | 580,102,000 |
| Total loans | 385,180,000 | 393,012,000 | 390,091,000 | 393,306,000 |
| Allowance for loan losses | 10,110,000 | 10,281,000 | 10,223,000 | 11,374,000 |
| Securities available for sale | 107,704,000 | 113,089,000 | 112,437,000 | 113,030,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 9,289,000 |
| Total deposits | 476,307,000 | 472,576,000 | 486,994,000 | 496,610,000 |
| Interest-bearing deposits | 475,731,000 | 471,615,000 | 486,598,000 | 495,482,000 |
| Noninterest-bearing deposits | 576,000 | 961,000 | 396,000 | 1,128,000 |
| Equity capital | 62,903,000 | 63,202,000 | 63,520,000 | 64,602,000 |
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 | 5,745,000 | 11,655,000 | 17,643,000 | 24,130,000 |
| Interest expense | 985,000 | 2,025,000 | 3,230,000 | 4,524,000 |
| Net interest income | 4,760,000 | 9,630,000 | 14,413,000 | 19,606,000 |
| Noninterest income | 318,000 | 559,000 | 880,000 | 2,303,000 |
| Noninterest expense | 4,057,000 | 8,020,000 | 12,518,000 | 16,809,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,005,000 | 2,196,000 | 3,079,000 | 5,256,000 |
| Income tax | 236,000 | 529,000 | 713,000 | 1,120,000 |
| Net income | 769,000 | 1,667,000 | 2,366,000 | 4,136,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,514,000 | 61,407,000 | 62,014,000 | 63,729,000 |
| Total capital | 66,226,000 | 67,119,000 | 67,928,000 | 68,832,000 |
| Risk-weighted assets | 385,308,000 | 387,099,000 | 392,481,000 | 401,916,000 |