Call reports 2018
1ST CONSTITUTION BANK — 2018
What 1ST CONSTITUTION BANK 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 | 1,059,853,000 | 1,228,954,000 | 1,191,924,000 | 1,177,275,000 |
| Total loans | 778,581,000 | 909,203,000 | 885,901,000 | 886,184,000 |
| Allowance for loan losses | 8,297,000 | 8,498,000 | 8,265,000 | 8,402,000 |
| Securities available for sale | 112,495,000 | 130,075,000 | 131,192,000 | 132,222,000 |
| Securities held to maturity | 102,756,000 | 95,322,000 | 91,379,000 | 79,572,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 891,428,000 | 957,178,000 | 942,075,000 | 951,097,000 |
| Interest-bearing deposits | 698,316,000 | 740,699,000 | 730,185,000 | 737,691,000 |
| Noninterest-bearing deposits | 193,112,000 | 216,479,000 | 211,890,000 | 213,406,000 |
| Equity capital | 128,354,000 | 138,467,000 | 141,846,000 | 145,096,000 |
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 | 11,055,000 | 23,936,000 | 37,719,000 | 51,473,000 |
| Interest expense | 1,226,000 | 2,915,000 | 5,118,000 | 7,347,000 |
| Net interest income | 9,829,000 | 21,021,000 | 32,601,000 | 44,126,000 |
| Noninterest income | 1,879,000 | 3,916,000 | 6,070,000 | 7,622,000 |
| Noninterest expense | 7,645,000 | 17,896,000 | 25,790,000 | 33,801,000 |
| Provision for loan losses | 225,000 | 450,000 | 675,000 | 900,000 |
| Pretax income | 3,844,000 | 6,603,000 | 12,218,000 | 17,059,000 |
| Income tax | 892,000 | 1,623,000 | 3,082,000 | 4,463,000 |
| Net income | 2,952,000 | 4,980,000 | 9,136,000 | 12,596,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 117,379,000 | 127,560,000 | 131,535,000 | 133,548,000 |
| Total capital | 125,676,000 | 136,058,000 | 139,800,000 | 141,950,000 |
| Risk-weighted assets | 961,269,000 | 1,099,571,000 | 1,087,456,000 | 1,076,865,000 |