Call reports 2019
1ST CONSTITUTION BANK — 2019
What 1ST CONSTITUTION BANK 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 | 1,190,919,000 | 1,303,731,000 | 1,342,008,000 | 1,585,704,000 |
| Total loans | 875,502,000 | 971,683,000 | 1,031,769,000 | 1,221,955,000 |
| Allowance for loan losses | 8,704,000 | 8,641,000 | 8,977,000 | 9,271,000 |
| Securities available for sale | 147,237,000 | 146,179,000 | 135,084,000 | 155,782,000 |
| Securities held to maturity | 77,826,000 | 77,829,000 | 74,909,000 | 76,620,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 995,658,000 | 1,022,353,000 | 1,023,648,000 | 1,277,956,000 |
| Interest-bearing deposits | 781,818,000 | 789,521,000 | 805,504,000 | 989,807,000 |
| Noninterest-bearing deposits | 213,840,000 | 232,832,000 | 218,144,000 | 288,149,000 |
| Equity capital | 149,151,000 | 152,901,000 | 156,248,000 | 188,257,000 |
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 | 13,915,000 | 28,468,000 | 43,342,000 | 60,090,000 |
| Interest expense | 2,490,000 | 5,418,000 | 8,590,000 | 12,006,000 |
| Net interest income | 11,425,000 | 23,050,000 | 34,752,000 | 48,084,000 |
| Noninterest income | 1,790,000 | 3,881,000 | 5,995,000 | 7,905,000 |
| Noninterest expense | 8,018,000 | 16,505,000 | 24,864,000 | 35,247,000 |
| Provision for loan losses | 300,000 | 700,000 | 1,050,000 | 1,350,000 |
| Pretax income | 4,897,000 | 9,726,000 | 14,849,000 | 19,422,000 |
| Income tax | 1,343,000 | 2,648,000 | 4,001,000 | 5,195,000 |
| Net income | 3,554,000 | 7,078,000 | 10,848,000 | 14,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 136,527,000 | 139,573,000 | 142,839,000 | 150,725,000 |
| Total capital | 145,231,000 | 148,214,000 | 151,816,000 | 159,996,000 |
| Risk-weighted assets | 1,084,122,000 | 1,152,041,000 | 1,187,248,000 | 1,370,904,000 |