Call reports 2017
PROFESSIONAL BANK — 2017
What PROFESSIONAL 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 | 433,414,000 | 455,181,000 | 491,851,000 | 546,972,000 |
| Total loans | 344,037,000 | 392,963,000 | 406,014,000 | 470,121,000 |
| Allowance for loan losses | 3,736,000 | 3,969,000 | 4,206,000 | 4,535,000 |
| Securities available for sale | 29,850,000 | 29,050,000 | 27,957,000 | 26,720,000 |
| Securities held to maturity | 385,000 | 360,000 | 338,000 | 316,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 382,737,000 | 401,923,000 | 434,632,000 | 476,113,000 |
| Interest-bearing deposits | 280,577,000 | 285,481,000 | 308,785,000 | 358,327,000 |
| Noninterest-bearing deposits | 102,160,000 | 116,442,000 | 125,847,000 | 117,786,000 |
| Equity capital | 33,545,000 | 36,584,000 | 40,318,000 | 44,274,000 |
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 | 3,994,000 | 8,571,000 | 13,457,000 | 18,856,000 |
| Interest expense | 602,000 | 1,268,000 | 2,022,000 | 2,870,000 |
| Net interest income | 3,392,000 | 7,303,000 | 11,435,000 | 15,986,000 |
| Noninterest income | 350,000 | 725,000 | 1,336,000 | 1,810,000 |
| Noninterest expense | 2,609,000 | 5,653,000 | 9,111,000 | 12,869,000 |
| Provision for loan losses | 200,000 | 430,000 | 665,000 | 991,000 |
| Pretax income | 933,000 | 1,945,000 | 2,995,000 | 3,936,000 |
| Income tax | 311,000 | 651,000 | 1,005,000 | 1,844,000 |
| Net income | 622,000 | 1,294,000 | 1,990,000 | 2,092,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,677,000 | 36,658,000 | 40,363,000 | 44,476,000 |
| Total capital | 37,636,000 | 40,850,000 | 44,792,000 | 49,234,000 |
| Risk-weighted assets | 319,591,000 | 352,048,000 | 364,141,000 | 410,830,000 |