Call reports 2018
SERVBANK, NATIONAL ASSOCIATION — 2018
What SERVBANK, NATIONAL ASSOCIATION 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 | 83,191,000 | 82,494,000 | 84,208,000 | 85,222,000 |
| Total loans | 54,519,000 | 57,429,000 | 55,651,000 | 53,890,000 |
| Allowance for loan losses | 636,000 | 667,000 | 660,000 | 672,000 |
| Securities available for sale | 6,001,000 | 6,444,000 | 6,921,000 | 7,350,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,761,000 | 72,560,000 | 74,337,000 | 75,182,000 |
| Interest-bearing deposits | 48,870,000 | 49,765,000 | 50,516,000 | 51,781,000 |
| Noninterest-bearing deposits | 23,892,000 | 22,796,000 | 23,820,000 | 23,401,000 |
| Equity capital | 9,839,000 | 9,602,000 | 9,488,000 | 9,620,000 |
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 | 756,000 | 1,487,000 | 2,269,000 | 3,107,000 |
| Interest expense | 81,000 | 156,000 | 264,000 | 411,000 |
| Net interest income | 675,000 | 1,331,000 | 2,005,000 | 2,696,000 |
| Noninterest income | 6,903,000 | 10,744,000 | 14,914,000 | 19,769,000 |
| Noninterest expense | 7,774,000 | 12,598,000 | 17,562,000 | 23,034,000 |
| Provision for loan losses | -134,000 | -134,000 | -133,000 | -133,000 |
| Pretax income | -62,000 | -389,000 | -510,000 | -436,000 |
| Income tax | -16,000 | -104,000 | -136,000 | -114,000 |
| Net income | -46,000 | -285,000 | -374,000 | -322,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,564,000 | 8,306,000 | 8,212,000 | 8,115,000 |
| Total capital | 9,200,000 | 8,955,000 | 8,847,000 | 8,738,000 |
| Risk-weighted assets | 50,723,000 | 51,911,000 | 50,803,000 | 49,805,000 |