Call reports 2019
CREDIT ONE BANK, NATIONAL ASSOCIATION — 2019
What CREDIT ONE BANK, NATIONAL ASSOCIATION 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 | 471,954,000 | 507,257,000 | 547,851,000 | 639,161,000 |
| Total loans | 167,175,000 | 221,544,000 | 297,685,000 | 381,062,000 |
| Allowance for loan losses | 20,112,000 | 26,846,000 | 36,751,000 | 49,897,000 |
| Securities available for sale | 6,025,000 | 6,112,000 | 6,158,000 | 6,129,000 |
| Securities held to maturity | 25,506,000 | 25,645,000 | 25,789,000 | 25,898,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,980,000 | 141,610,000 | 172,057,000 | 212,611,000 |
| Interest-bearing deposits | 109,828,000 | 141,398,000 | 171,827,000 | 212,352,000 |
| Noninterest-bearing deposits | 152,000 | 212,000 | 230,000 | 259,000 |
| Equity capital | 198,696,000 | 191,415,000 | 218,371,000 | 275,538,000 |
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 | 11,873,000 | 25,993,000 | 44,957,000 | 68,864,000 |
| Interest expense | 662,000 | 1,568,000 | 2,668,000 | 3,951,000 |
| Net interest income | 11,211,000 | 24,425,000 | 42,289,000 | 64,913,000 |
| Noninterest income | 181,452,000 | 370,463,000 | 572,562,000 | 779,331,000 |
| Noninterest expense | 134,083,000 | 273,551,000 | 421,854,000 | 574,186,000 |
| Provision for loan losses | 5,395,000 | 15,520,000 | 30,270,000 | 50,135,000 |
| Pretax income | 53,185,000 | 105,817,000 | 162,727,000 | 219,923,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 53,185,000 | 105,817,000 | 162,727,000 | 219,923,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 187,590,000 | 180,309,000 | 207,265,000 | 264,253,000 |
| Total capital | 191,500,000 | 185,012,000 | 212,364,000 | 270,445,000 |
| Risk-weighted assets | 296,615,000 | 354,115,000 | 376,250,000 | 451,675,000 |