Call reports 2018
CHOICE FINANCIAL GROUP — 2018
What CHOICE FINANCIAL GROUP reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,281,899,000 | 1,269,511,000 | 2,056,263,000 | 2,142,520,000 |
| Total loans | 1,036,957,000 | 1,095,688,000 | 1,770,255,000 | 1,795,370,000 |
| Allowance for loan losses | 11,288,000 | 11,290,000 | 11,369,000 | 11,889,000 |
| Securities available for sale | 68,728,000 | 70,432,000 | 103,481,000 | 100,667,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,132,956,000 | 1,121,123,000 | 1,787,097,000 | 1,860,705,000 |
| Interest-bearing deposits | 946,604,000 | 931,872,000 | 1,374,940,000 | 1,400,983,000 |
| Noninterest-bearing deposits | 186,352,000 | 189,251,000 | 412,157,000 | 459,723,000 |
| Equity capital | 136,646,000 | 142,818,000 | 260,096,000 | 266,652,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 14,077,000 | 29,247,000 | 48,368,000 | 73,906,000 |
| Interest expense | 1,788,000 | 3,778,000 | 6,505,000 | 10,583,000 |
| Net interest income | 12,289,000 | 25,469,000 | 41,863,000 | 63,323,000 |
| Noninterest income | 3,754,000 | 7,252,000 | 10,675,000 | 15,356,000 |
| Noninterest expense | 9,004,000 | 17,628,000 | 28,124,000 | 43,132,000 |
| Provision for loan losses | 0 | 0 | 0 | 1,669,000 |
| Pretax income | 7,039,000 | 15,092,000 | 24,413,000 | 33,879,000 |
| Income tax | 2,232,000 | 3,910,000 | 6,047,000 | 9,469,000 |
| Net income | 4,807,000 | 11,182,000 | 18,366,000 | 24,410,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 127,110,000 | 133,355,000 | 191,133,000 | 198,150,000 |
| Total capital | 138,461,000 | 144,645,000 | 202,502,000 | 210,039,000 |
| Risk-weighted assets | 1,012,282,000 | 1,071,048,000 | 1,804,500,000 | 1,816,479,000 |