Call reports 2019
FINANCE FACTORS, LIMITED — 2019
What FINANCE FACTORS, LIMITED 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 | 579,736,000 | 580,597,000 | 588,098,000 | 589,208,000 |
| Total loans | 399,420,000 | 401,220,000 | 411,060,000 | 406,704,000 |
| Allowance for loan losses | 11,553,000 | 11,741,000 | 11,789,000 | 11,548,000 |
| Securities available for sale | 108,279,000 | 105,690,000 | 104,913,000 | 109,729,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 10,376,000 | 10,598,000 | 10,960,000 | 12,210,000 |
| Total deposits | 491,018,000 | 494,760,000 | 492,670,000 | 498,876,000 |
| Interest-bearing deposits | 490,358,000 | 493,774,000 | 492,196,000 | 498,151,000 |
| Noninterest-bearing deposits | 660,000 | 986,000 | 474,000 | 725,000 |
| Equity capital | 67,236,000 | 68,504,000 | 68,901,000 | 69,010,000 |
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 | 6,265,000 | 12,696,000 | 19,282,000 | 25,781,000 |
| Interest expense | 1,362,000 | 2,867,000 | 4,549,000 | 6,269,000 |
| Net interest income | 4,903,000 | 9,829,000 | 14,733,000 | 19,512,000 |
| Noninterest income | 1,510,000 | 2,003,000 | 2,378,000 | 3,898,000 |
| Noninterest expense | 3,816,000 | 8,145,000 | 12,580,000 | 17,088,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,597,000 | 3,702,000 | 4,546,000 | 6,337,000 |
| Income tax | 653,000 | 958,000 | 1,129,000 | 1,540,000 |
| Net income | 1,944,000 | 2,744,000 | 3,417,000 | 4,797,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,913,000 | 66,608,000 | 66,933,000 | 67,781,000 |
| Total capital | 71,156,000 | 71,856,000 | 72,223,000 | 73,079,000 |
| Risk-weighted assets | 413,083,000 | 413,303,000 | 416,651,000 | 417,500,000 |