Call reports 2017
SERVBANK, NATIONAL ASSOCIATION — 2017
What SERVBANK, NATIONAL ASSOCIATION 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 | 97,508,000 | 94,955,000 | 97,322,000 | 93,722,000 |
| Total loans | 53,935,000 | 54,700,000 | 53,960,000 | 56,017,000 |
| Allowance for loan losses | 704,000 | 667,000 | 721,000 | 754,000 |
| Securities available for sale | 6,484,000 | 6,712,000 | 6,273,000 | 5,935,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,084,000 | 83,486,000 | 85,365,000 | 82,611,000 |
| Interest-bearing deposits | 61,029,000 | 58,775,000 | 60,610,000 | 56,422,000 |
| Noninterest-bearing deposits | 25,054,000 | 24,711,000 | 24,755,000 | 26,189,000 |
| Equity capital | 10,195,000 | 10,374,000 | 10,574,000 | 9,949,000 |
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 | 744,000 | 1,497,000 | 2,288,000 | 3,050,000 |
| Interest expense | 73,000 | 166,000 | 261,000 | 355,000 |
| Net interest income | 671,000 | 1,331,000 | 2,027,000 | 2,695,000 |
| Noninterest income | 7,482,000 | 16,265,000 | 25,477,000 | 34,062,000 |
| Noninterest expense | 8,144,000 | 17,354,000 | 26,900,000 | 36,003,000 |
| Provision for loan losses | -95,000 | -145,000 | -105,000 | -105,000 |
| Pretax income | 104,000 | 387,000 | 709,000 | 859,000 |
| Income tax | 42,000 | 153,000 | 280,000 | 1,014,000 |
| Net income | 62,000 | 234,000 | 429,000 | -155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,206,000 | 8,472,000 | 8,773,000 | 8,613,000 |
| Total capital | 8,903,000 | 9,139,000 | 9,443,000 | 9,312,000 |
| Risk-weighted assets | 54,022,000 | 53,535,000 | 52,031,000 | 55,542,000 |