Call reports 2013
CHOICE FINANCIAL GROUP — 2013
What CHOICE FINANCIAL GROUP reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 630,676,000 | 662,141,000 | 660,728,000 | 653,119,000 |
| Total loans | 539,403,000 | 572,548,000 | 571,563,000 | 565,668,000 |
| Allowance for loan losses | 6,310,000 | 7,052,000 | 9,662,000 | 7,434,000 |
| Securities available for sale | 69,130,000 | 65,283,000 | 61,212,000 | 58,207,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 549,885,000 | 582,331,000 | 572,667,000 | 575,807,000 |
| Interest-bearing deposits | 446,902,000 | 485,847,000 | 477,053,000 | 441,890,000 |
| Noninterest-bearing deposits | 102,983,000 | 96,484,000 | 95,614,000 | 133,917,000 |
| Equity capital | 64,692,000 | 69,636,000 | 73,791,000 | 63,495,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 7,125,000 | 14,639,000 | 22,372,000 | 29,958,000 |
| Interest expense | 763,000 | 1,462,000 | 2,105,000 | 2,718,000 |
| Net interest income | 6,362,000 | 13,177,000 | 20,267,000 | 27,240,000 |
| Noninterest income | 1,279,000 | 2,385,000 | 3,667,000 | 5,127,000 |
| Noninterest expense | 3,802,000 | 8,183,000 | 12,364,000 | 17,074,000 |
| Provision for loan losses | 0 | 0 | 0 | -3,000,000 |
| Pretax income | 3,839,000 | 7,491,000 | 11,682,000 | 18,404,000 |
| Income tax | 230,000 | 75,000 | 75,000 | 75,000 |
| Net income | 3,609,000 | 7,416,000 | 11,607,000 | 18,329,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,273,000 | 66,653,000 | 70,848,000 | 60,570,000 |
| Total capital | 67,603,000 | 73,722,000 | 78,222,000 | 67,874,000 |
| Risk-weighted assets | 560,470,000 | 577,921,000 | 585,760,000 | 582,307,000 |