Call reports 2017
CHOICE FINANCIAL GROUP — 2017
What CHOICE FINANCIAL GROUP reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,147,002,000 | 1,162,813,000 | 1,159,504,000 | 1,249,881,000 |
| Total loans | 1,006,915,000 | 1,051,260,000 | 1,046,670,000 | 1,046,819,000 |
| Allowance for loan losses | 9,740,000 | 10,221,000 | 11,418,000 | 11,281,000 |
| Securities available for sale | 61,792,000 | 57,750,000 | 55,292,000 | 52,562,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,011,914,000 | 1,018,644,000 | 1,012,350,000 | 1,100,232,000 |
| Interest-bearing deposits | 838,547,000 | 844,568,000 | 835,805,000 | 892,350,000 |
| Noninterest-bearing deposits | 173,367,000 | 174,076,000 | 176,544,000 | 207,882,000 |
| Equity capital | 124,454,000 | 132,594,000 | 134,099,000 | 139,713,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 12,775,000 | 26,491,000 | 40,595,000 | 54,538,000 |
| Interest expense | 1,155,000 | 2,362,000 | 3,751,000 | 5,266,000 |
| Net interest income | 11,620,000 | 24,129,000 | 36,844,000 | 49,272,000 |
| Noninterest income | 3,560,000 | 6,709,000 | 10,470,000 | 14,053,000 |
| Noninterest expense | 8,797,000 | 16,869,000 | 25,804,000 | 35,004,000 |
| Provision for loan losses | 100,000 | 0 | 0 | 0 |
| Pretax income | 6,283,000 | 13,969,000 | 21,510,000 | 28,322,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 6,283,000 | 13,969,000 | 21,510,000 | 28,322,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 114,110,000 | 122,098,000 | 124,064,000 | 130,417,000 |
| Total capital | 123,893,000 | 132,365,000 | 135,532,000 | 141,754,000 |
| Risk-weighted assets | 979,307,000 | 1,026,579,000 | 1,030,326,000 | 1,030,036,000 |