Call reports 2006
CHOICE FINANCIAL GROUP — 2006
What CHOICE FINANCIAL GROUP reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 317,649,000 | 346,961,000 | 355,668,000 | 374,120,000 |
| Total loans | 268,476,000 | 291,753,000 | 299,578,000 | 297,310,000 |
| Allowance for loan losses | 3,320,000 | 3,587,000 | 3,602,000 | 3,316,000 |
| Securities available for sale | 30,117,000 | 31,649,000 | 33,421,000 | 36,895,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 271,535,000 | 299,206,000 | 301,901,000 | 326,159,000 |
| Interest-bearing deposits | 247,307,000 | 268,402,000 | 276,627,000 | 290,722,000 |
| Noninterest-bearing deposits | 24,228,000 | 30,804,000 | 25,274,000 | 35,437,000 |
| Equity capital | 28,412,000 | 29,366,000 | 31,620,000 | 33,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 5,405,000 | 11,475,000 | 18,032,000 | 24,790,000 |
| Interest expense | 2,249,000 | 4,908,000 | 7,978,000 | 11,264,000 |
| Net interest income | 3,156,000 | 6,567,000 | 10,054,000 | 13,526,000 |
| Noninterest income | 766,000 | 1,562,000 | 2,350,000 | 3,713,000 |
| Noninterest expense | 2,335,000 | 4,608,000 | 6,815,000 | 9,805,000 |
| Provision for loan losses | 76,000 | 411,000 | 461,000 | 542,000 |
| Pretax income | 1,511,000 | 3,110,000 | 5,123,000 | 6,887,000 |
| Income tax | 105,000 | 217,000 | 358,000 | 483,000 |
| Net income | 1,406,000 | 2,893,000 | 4,765,000 | 6,404,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,032,000 | 29,307,000 | 30,973,000 | 32,364,000 |
| Total capital | 31,352,000 | 32,894,000 | 34,575,000 | 35,680,000 |
| Risk-weighted assets | 288,148,000 | 309,678,000 | 316,126,000 | 324,219,000 |