Call reports 2017
1ST CONSTITUTION BANK — 2017
What 1ST CONSTITUTION BANK 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 | 1,009,864,000 | 1,072,074,000 | 1,069,394,000 | 1,079,274,000 |
| Total loans | 679,771,000 | 766,213,000 | 778,001,000 | 794,160,000 |
| Allowance for loan losses | 7,550,000 | 7,707,000 | 7,802,000 | 8,013,000 |
| Securities available for sale | 105,565,000 | 112,952,000 | 110,276,000 | 105,458,000 |
| Securities held to maturity | 125,940,000 | 124,922,000 | 111,554,000 | 110,267,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 869,315,000 | 864,984,000 | 870,029,000 | 922,323,000 |
| Interest-bearing deposits | 685,105,000 | 675,331,000 | 677,838,000 | 725,497,000 |
| Noninterest-bearing deposits | 184,210,000 | 189,653,000 | 192,191,000 | 196,826,000 |
| Equity capital | 122,097,000 | 124,262,000 | 126,947,000 | 126,845,000 |
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 | 9,936,000 | 20,541,000 | 30,472,000 | 41,663,000 |
| Interest expense | 1,169,000 | 2,383,000 | 3,700,000 | 4,979,000 |
| Net interest income | 8,767,000 | 18,158,000 | 26,772,000 | 36,684,000 |
| Noninterest income | 2,298,000 | 4,063,000 | 6,156,000 | 8,111,000 |
| Noninterest expense | 8,100,000 | 16,218,000 | 22,952,000 | 31,006,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 600,000 |
| Pretax income | 2,920,000 | 5,808,000 | 9,654,000 | 13,317,000 |
| Income tax | 892,000 | 1,777,000 | 3,049,000 | 6,047,000 |
| Net income | 2,028,000 | 4,031,000 | 6,605,000 | 7,270,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,378,000 | 111,802,000 | 114,730,000 | 115,044,000 |
| Total capital | 117,928,000 | 119,509,000 | 122,532,000 | 123,057,000 |
| Risk-weighted assets | 877,685,000 | 959,940,000 | 954,934,000 | 980,137,000 |