Call reports 2018
ION BANK — 2018
What ION 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 | 1,237,634,000 | 1,301,947,000 | 1,312,758,000 | 1,297,445,000 |
| Total loans | 1,033,016,000 | 1,083,932,000 | 1,096,758,000 | 1,096,061,000 |
| Allowance for loan losses | 10,769,000 | 11,142,000 | 11,252,000 | 11,309,000 |
| Securities available for sale | 100,517,000 | 97,490,000 | 96,732,000 | 91,762,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 2,584,000 | 3,202,000 | 3,543,000 | 2,548,000 |
| Total deposits | 1,009,796,000 | 1,051,989,000 | 1,066,321,000 | 1,057,957,000 |
| Interest-bearing deposits | 764,916,000 | 793,569,000 | 802,054,000 | 794,977,000 |
| Noninterest-bearing deposits | 244,880,000 | 258,420,000 | 264,267,000 | 262,980,000 |
| Equity capital | 118,160,000 | 120,763,000 | 123,703,000 | 120,858,000 |
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 | 11,578,000 | 23,748,000 | 36,750,000 | 50,143,000 |
| Interest expense | 1,630,000 | 3,497,000 | 5,790,000 | 8,251,000 |
| Net interest income | 9,948,000 | 20,251,000 | 30,960,000 | 41,892,000 |
| Noninterest income | 1,832,000 | 4,005,000 | 6,145,000 | 7,953,000 |
| Noninterest expense | 8,871,000 | 17,687,000 | 26,776,000 | 37,079,000 |
| Provision for loan losses | 300,000 | 800,000 | 900,000 | 1,100,000 |
| Pretax income | 2,609,000 | 5,769,000 | 9,621,000 | 11,597,000 |
| Income tax | 560,000 | 1,213,000 | 2,004,000 | 2,396,000 |
| Net income | 2,049,000 | 4,556,000 | 7,617,000 | 9,201,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 128,499,000 | 131,007,000 | 133,568,000 | 135,152,000 |
| Total capital | 140,018,000 | 142,788,000 | 145,533,000 | 146,630,000 |
| Risk-weighted assets | 991,966,000 | 1,041,581,000 | 1,048,511,000 | 1,052,827,000 |