Call reports 2018
SOLON STATE BANK — 2018
What SOLON STATE BANK 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 | 96,993,000 | 99,511,000 | 96,467,000 | 97,450,000 |
| Total loans | 55,507,000 | 54,880,000 | 56,653,000 | 59,238,000 |
| Allowance for loan losses | 392,000 | 494,000 | 519,000 | 519,000 |
| Securities available for sale | 30,673,000 | 31,576,000 | 32,326,000 | 32,032,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,756,000 | 76,575,000 | 69,750,000 | 70,001,000 |
| Interest-bearing deposits | 56,577,000 | 59,492,000 | 53,556,000 | 52,218,000 |
| Noninterest-bearing deposits | 17,179,000 | 17,083,000 | 16,194,000 | 17,783,000 |
| Equity capital | 22,915,000 | 22,630,000 | 22,557,000 | 22,947,000 |
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 | 1,238,000 | 2,446,000 | 3,650,000 | 4,896,000 |
| Interest expense | 62,000 | 133,000 | 201,000 | 287,000 |
| Net interest income | 1,176,000 | 2,313,000 | 3,449,000 | 4,609,000 |
| Noninterest income | 105,000 | 140,000 | 272,000 | 305,000 |
| Noninterest expense | 672,000 | 1,303,000 | 1,898,000 | 2,649,000 |
| Provision for loan losses | 0 | 100,000 | 100,000 | 100,000 |
| Pretax income | 609,000 | 1,050,000 | 1,723,000 | 2,165,000 |
| Income tax | 25,000 | 48,000 | 72,000 | 108,000 |
| Net income | 584,000 | 1,002,000 | 1,651,000 | 2,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,962,000 | 21,679,000 | 21,977,000 | 22,032,000 |
| Total capital | 22,354,000 | 22,173,000 | 22,496,000 | 22,551,000 |
| Risk-weighted assets | 87,977,000 | 88,316,000 | 90,557,000 | 94,032,000 |