Call reports 2019
CHOICE FINANCIAL GROUP — 2019
What CHOICE FINANCIAL GROUP reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 2,144,069,000 | 2,154,446,000 | 2,215,789,000 | 2,379,086,000 |
| Total loans | 1,804,176,000 | 1,877,823,000 | 1,934,031,000 | 1,973,377,000 |
| Allowance for loan losses | 13,370,000 | 14,417,000 | 15,743,000 | 16,811,000 |
| Securities available for sale | 94,354,000 | 90,032,000 | 88,361,000 | 88,815,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,853,451,000 | 1,809,850,000 | 1,870,384,000 | 2,026,295,000 |
| Interest-bearing deposits | 1,445,367,000 | 1,426,147,000 | 1,456,237,000 | 1,615,110,000 |
| Noninterest-bearing deposits | 408,084,000 | 383,703,000 | 414,147,000 | 411,185,000 |
| Equity capital | 267,807,000 | 275,164,000 | 280,741,000 | 288,886,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 27,998,000 | 57,011,000 | 87,130,000 | 116,383,000 |
| Interest expense | 4,938,000 | 10,310,000 | 16,569,000 | 22,905,000 |
| Net interest income | 23,060,000 | 46,701,000 | 70,561,000 | 93,478,000 |
| Noninterest income | 4,682,000 | 9,182,000 | 13,857,000 | 19,271,000 |
| Noninterest expense | 14,677,000 | 29,615,000 | 44,895,000 | 60,187,000 |
| Provision for loan losses | 1,579,000 | 3,158,000 | 4,537,000 | 5,362,000 |
| Pretax income | 11,486,000 | 23,161,000 | 35,038,000 | 47,264,000 |
| Income tax | 2,818,000 | 6,943,000 | 10,301,000 | 11,776,000 |
| Net income | 8,668,000 | 16,218,000 | 24,737,000 | 35,488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 198,681,000 | 205,517,000 | 211,588,000 | 220,365,000 |
| Total capital | 212,051,000 | 219,934,000 | 227,331,000 | 237,176,000 |
| Risk-weighted assets | 1,833,589,000 | 1,949,249,000 | 2,052,619,000 | 2,081,100,000 |