Call reports 2018
PROFESSIONAL BANK — 2018
What PROFESSIONAL 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 | 570,783,000 | 634,287,000 | 705,606,000 | 729,625,000 |
| Total loans | 476,285,000 | 520,396,000 | 592,888,000 | 607,165,000 |
| Allowance for loan losses | 4,755,000 | 5,025,000 | 5,325,000 | 5,685,000 |
| Securities available for sale | 24,982,000 | 24,187,000 | 21,176,000 | 20,526,000 |
| Securities held to maturity | 301,000 | 286,000 | 271,000 | 259,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 492,348,000 | 539,750,000 | 605,927,000 | 625,367,000 |
| Interest-bearing deposits | 367,704,000 | 396,683,000 | 459,626,000 | 473,057,000 |
| Noninterest-bearing deposits | 124,644,000 | 143,067,000 | 146,301,000 | 152,310,000 |
| Equity capital | 46,734,000 | 52,727,000 | 57,431,000 | 62,094,000 |
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 | 5,785,000 | 12,142,000 | 19,442,000 | 27,750,000 |
| Interest expense | 1,001,000 | 2,218,000 | 3,835,000 | 5,837,000 |
| Net interest income | 4,784,000 | 9,924,000 | 15,607,000 | 21,913,000 |
| Noninterest income | 402,000 | 914,000 | 1,318,000 | 1,893,000 |
| Noninterest expense | 4,228,000 | 8,893,000 | 13,734,000 | 18,983,000 |
| Provision for loan losses | 220,000 | 490,000 | 790,000 | 1,150,000 |
| Pretax income | 738,000 | 1,455,000 | 2,401,000 | 3,673,000 |
| Income tax | 187,000 | 369,000 | 608,000 | 669,000 |
| Net income | 551,000 | 1,086,000 | 1,793,000 | 3,004,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,038,000 | 53,021,000 | 57,733,000 | 62,461,000 |
| Total capital | 52,016,000 | 58,269,000 | 63,281,000 | 68,369,000 |
| Risk-weighted assets | 418,909,000 | 445,299,000 | 500,312,000 | 509,142,000 |