Call reports 2017
SOLON STATE BANK — 2017
What SOLON STATE 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 | 91,699,000 | 96,300,000 | 92,475,000 | 97,861,000 |
| Total loans | 53,781,000 | 53,496,000 | 55,101,000 | 55,002,000 |
| Allowance for loan losses | 500,000 | 577,000 | 488,000 | 487,000 |
| Securities available for sale | 29,214,000 | 29,992,000 | 30,241,000 | 31,250,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,322,000 | 73,261,000 | 69,158,000 | 74,737,000 |
| Interest-bearing deposits | 52,325,000 | 57,244,000 | 53,728,000 | 57,891,000 |
| Noninterest-bearing deposits | 15,997,000 | 16,017,000 | 15,430,000 | 16,846,000 |
| Equity capital | 22,381,000 | 22,297,000 | 22,658,000 | 22,806,000 |
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 | 1,096,000 | 2,199,000 | 3,342,000 | 4,539,000 |
| Interest expense | 60,000 | 123,000 | 185,000 | 248,000 |
| Net interest income | 1,036,000 | 2,076,000 | 3,157,000 | 4,291,000 |
| Noninterest income | 93,000 | 195,000 | 294,000 | 393,000 |
| Noninterest expense | 586,000 | 1,188,000 | 1,760,000 | 2,496,000 |
| Provision for loan losses | 75,000 | 150,000 | 200,000 | 200,000 |
| Pretax income | 468,000 | 933,000 | 1,491,000 | 1,988,000 |
| Income tax | 27,000 | 54,000 | 81,000 | 99,000 |
| Net income | 441,000 | 879,000 | 1,410,000 | 1,889,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,332,000 | 21,069,000 | 21,250,000 | 21,378,000 |
| Total capital | 21,832,000 | 21,646,000 | 21,738,000 | 21,865,000 |
| Risk-weighted assets | 85,165,000 | 85,460,000 | 86,010,000 | 87,758,000 |