Call reports 2014
CHOICE FINANCIAL GROUP — 2014
What CHOICE FINANCIAL GROUP reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 648,714,000 | 840,348,000 | 902,215,000 | 915,590,000 |
| Total loans | 557,949,000 | 716,086,000 | 778,471,000 | 787,659,000 |
| Allowance for loan losses | 8,719,000 | 9,458,000 | 9,558,000 | 10,011,000 |
| Securities available for sale | 55,050,000 | 88,126,000 | 85,033,000 | 80,743,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 585,447,000 | 744,435,000 | 802,186,000 | 802,122,000 |
| Interest-bearing deposits | 468,677,000 | 585,878,000 | 642,826,000 | 626,532,000 |
| Noninterest-bearing deposits | 116,770,000 | 158,557,000 | 159,361,000 | 175,590,000 |
| Equity capital | 59,238,000 | 88,336,000 | 94,618,000 | 97,390,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 7,086,000 | 18,212,000 | 28,149,000 | 38,225,000 |
| Interest expense | 575,000 | 1,387,000 | 2,058,000 | 2,753,000 |
| Net interest income | 6,511,000 | 16,825,000 | 26,091,000 | 35,472,000 |
| Noninterest income | 1,425,000 | 3,797,000 | 6,993,000 | 9,089,000 |
| Noninterest expense | 4,107,000 | 10,311,000 | 16,224,000 | 22,800,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,829,000 | 10,310,000 | 16,868,000 | 21,769,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,829,000 | 10,310,000 | 16,868,000 | 21,769,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,374,000 | 79,829,000 | 86,511,000 | 89,287,000 |
| Total capital | 63,507,000 | 89,030,000 | 96,090,000 | 99,282,000 |
| Risk-weighted assets | 567,242,000 | 734,191,000 | 790,061,000 | 798,142,000 |