Call reports 2015
CHOICE FINANCIAL GROUP — 2015
What CHOICE FINANCIAL GROUP reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 942,383,000 | 935,093,000 | 930,293,000 | 1,115,257,000 |
| Total loans | 789,307,000 | 831,059,000 | 829,730,000 | 972,027,000 |
| Allowance for loan losses | 11,596,000 | 9,547,000 | 9,467,000 | 8,949,000 |
| Securities available for sale | 78,010,000 | 72,111,000 | 67,061,000 | 81,554,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 843,773,000 | 818,134,000 | 824,270,000 | 979,970,000 |
| Interest-bearing deposits | 655,480,000 | 638,007,000 | 658,477,000 | 774,412,000 |
| Noninterest-bearing deposits | 188,292,000 | 180,127,000 | 165,792,000 | 205,557,000 |
| Equity capital | 93,945,000 | 100,831,000 | 87,726,000 | 117,738,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 9,733,000 | 20,154,000 | 30,748,000 | 44,385,000 |
| Interest expense | 696,000 | 1,391,000 | 2,087,000 | 3,028,000 |
| Net interest income | 9,037,000 | 18,763,000 | 28,661,000 | 41,357,000 |
| Noninterest income | 2,528,000 | 4,478,000 | 6,403,000 | 9,905,000 |
| Noninterest expense | 5,871,000 | 12,231,000 | 18,343,000 | 28,089,000 |
| Provision for loan losses | 0 | -2,000,000 | -2,000,000 | -2,000,000 |
| Pretax income | 5,694,000 | 13,021,000 | 18,749,000 | 25,292,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,694,000 | 13,021,000 | 18,749,000 | 25,292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 88,411,000 | 95,825,000 | 82,878,000 | 107,802,000 |
| Total capital | 98,678,000 | 105,392,000 | 92,363,000 | 116,772,000 |
| Risk-weighted assets | 818,573,000 | 863,715,000 | 857,015,000 | 1,002,726,000 |