Call reports 2018
BEACH BANK — 2018
What BEACH 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 | 475,518,000 | 469,949,000 | 467,571,000 | 500,426,000 |
| Total loans | 315,972,000 | 288,130,000 | 248,611,000 | 263,502,000 |
| Allowance for loan losses | 2,705,000 | 2,606,000 | 2,447,000 | 2,062,000 |
| Securities available for sale | 38,894,000 | 35,092,000 | 158,060,000 | 179,750,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 411,574,000 | 394,468,000 | 383,234,000 | 373,149,000 |
| Interest-bearing deposits | 369,055,000 | 351,210,000 | 340,810,000 | 334,043,000 |
| Noninterest-bearing deposits | 42,519,000 | 43,258,000 | 42,424,000 | 39,106,000 |
| Equity capital | 12,953,000 | 9,847,000 | 53,683,000 | 55,132,000 |
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 | 3,902,000 | 7,680,000 | 12,158,000 | 17,114,000 |
| Interest expense | 1,125,000 | 2,415,000 | 3,759,000 | 5,253,000 |
| Net interest income | 2,777,000 | 5,265,000 | 8,399,000 | 11,861,000 |
| Noninterest income | 1,020,000 | 1,567,000 | -31,794,000 | -29,928,000 |
| Noninterest expense | 5,081,000 | 11,091,000 | 19,533,000 | 24,302,000 |
| Provision for loan losses | 0 | 0 | 11,752,000 | 12,155,000 |
| Pretax income | -1,284,000 | -4,275,000 | -54,696,000 | -54,540,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,284,000 | -4,275,000 | -54,696,000 | -54,540,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,937,000 | 9,947,000 | 54,461,000 | 54,618,000 |
| Total capital | 15,642,000 | 12,553,000 | 56,908,000 | 56,680,000 |
| Risk-weighted assets | 413,696,000 | 390,735,000 | 277,188,000 | 294,723,000 |