Call reports 2018
CREDIT ONE BANK, NATIONAL ASSOCIATION — 2018
What CREDIT ONE BANK, NATIONAL ASSOCIATION 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 | 326,967,000 | 353,457,000 | 366,447,000 | 385,194,000 |
| Total loans | 33,381,000 | 58,533,000 | 98,013,000 | 145,848,000 |
| Allowance for loan losses | 3,083,000 | 5,970,000 | 11,223,000 | 17,693,000 |
| Securities available for sale | 3,929,000 | 3,899,000 | 3,868,000 | 5,950,000 |
| Securities held to maturity | 25,084,000 | 25,187,000 | 25,278,000 | 25,404,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,732,000 | 40,605,000 | 50,732,000 | 66,973,000 |
| Interest-bearing deposits | 31,696,000 | 40,538,000 | 50,637,000 | 66,863,000 |
| Noninterest-bearing deposits | 36,000 | 67,000 | 95,000 | 110,000 |
| Equity capital | 175,371,000 | 178,427,000 | 156,302,000 | 203,437,000 |
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 | 2,613,000 | 6,620,000 | 13,009,000 | 22,248,000 |
| Interest expense | 131,000 | 318,000 | 587,000 | 985,000 |
| Net interest income | 2,482,000 | 6,302,000 | 12,422,000 | 21,263,000 |
| Noninterest income | 161,559,000 | 330,398,000 | 502,038,000 | 669,635,000 |
| Noninterest expense | 120,539,000 | 246,957,000 | 373,722,000 | 494,773,000 |
| Provision for loan losses | 1,640,000 | 4,795,000 | 10,885,000 | 19,220,000 |
| Pretax income | 41,862,000 | 84,948,000 | 129,853,000 | 176,905,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 41,862,000 | 84,948,000 | 129,853,000 | 176,905,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 164,265,000 | 167,321,000 | 145,196,000 | 192,331,000 |
| Total capital | 166,213,000 | 169,535,000 | 148,079,000 | 195,316,000 |
| Risk-weighted assets | 154,689,000 | 173,359,000 | 222,327,000 | 224,106,000 |