Call reports 2016
CHOICE FINANCIAL GROUP — 2016
What CHOICE FINANCIAL GROUP reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,095,296,000 | 1,134,745,000 | 1,151,661,000 | 1,174,850,000 |
| Total loans | 957,595,000 | 1,011,286,000 | 1,022,437,000 | 1,007,781,000 |
| Allowance for loan losses | 9,088,000 | 9,367,000 | 9,696,000 | 9,726,000 |
| Securities available for sale | 76,899,000 | 71,204,000 | 69,268,000 | 65,705,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 966,497,000 | 988,731,000 | 1,006,391,000 | 1,036,997,000 |
| Interest-bearing deposits | 777,824,000 | 825,228,000 | 843,419,000 | 844,383,000 |
| Noninterest-bearing deposits | 188,673,000 | 163,503,000 | 162,972,000 | 192,614,000 |
| Equity capital | 118,442,000 | 124,881,000 | 121,836,000 | 126,803,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 12,423,000 | 25,858,000 | 38,901,000 | 51,686,000 |
| Interest expense | 891,000 | 1,841,000 | 2,908,000 | 4,053,000 |
| Net interest income | 11,532,000 | 24,017,000 | 35,993,000 | 47,633,000 |
| Noninterest income | 3,306,000 | 6,109,000 | 9,195,000 | 12,806,000 |
| Noninterest expense | 7,922,000 | 16,757,000 | 25,558,000 | 33,801,000 |
| Provision for loan losses | 0 | 225,000 | 225,000 | 325,000 |
| Pretax income | 6,916,000 | 13,144,000 | 19,406,000 | 26,314,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 6,916,000 | 13,144,000 | 19,406,000 | 26,314,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,124,000 | 113,612,000 | 110,978,000 | 117,547,000 |
| Total capital | 116,240,000 | 123,006,000 | 120,708,000 | 127,315,000 |
| Risk-weighted assets | 986,419,000 | 1,027,521,000 | 1,022,446,000 | 1,019,690,000 |