Call reports 2019
SERVBANK, NATIONAL ASSOCIATION — 2019
What SERVBANK, NATIONAL ASSOCIATION 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 | 89,766,000 | 92,041,000 | 103,594,000 | 109,679,000 |
| Total loans | 53,676,000 | 58,559,000 | 63,488,000 | 66,398,000 |
| Allowance for loan losses | 608,000 | 658,000 | 664,000 | 680,000 |
| Securities available for sale | 7,163,000 | 8,511,000 | 8,206,000 | 7,904,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,339,000 | 80,885,000 | 90,621,000 | 96,029,000 |
| Interest-bearing deposits | 54,374,000 | 54,826,000 | 62,272,000 | 64,307,000 |
| Noninterest-bearing deposits | 24,965,000 | 26,058,000 | 28,349,000 | 31,723,000 |
| Equity capital | 9,930,000 | 10,748,000 | 12,355,000 | 13,059,000 |
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 | 848,000 | 1,736,000 | 2,689,000 | 3,582,000 |
| Interest expense | 154,000 | 336,000 | 542,000 | 759,000 |
| Net interest income | 694,000 | 1,400,000 | 2,147,000 | 2,823,000 |
| Noninterest income | 7,745,000 | 21,446,000 | 40,100,000 | 62,186,000 |
| Noninterest expense | 8,114,000 | 21,604,000 | 38,794,000 | 60,565,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 325,000 | 1,302,000 | 3,511,000 | 4,502,000 |
| Income tax | 89,000 | 355,000 | 991,000 | 1,260,000 |
| Net income | 236,000 | 947,000 | 2,520,000 | 3,242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,434,000 | 9,418,000 | 11,626,000 | 12,628,000 |
| Total capital | 9,042,000 | 10,033,000 | 12,267,000 | 13,304,000 |
| Risk-weighted assets | 49,172,000 | 49,122,000 | 51,181,000 | 54,058,000 |