Call reports 2018
CLARE BANK, NATIONAL ASSOCIATION — 2018
What CLARE BANK, NATIONAL ASSOCIATION 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 | 277,363,000 | 268,376,000 | 263,653,000 | 271,459,000 |
| Total loans | 146,171,000 | 145,992,000 | 146,763,000 | 149,678,000 |
| Allowance for loan losses | 565,000 | 566,000 | 569,000 | 572,000 |
| Securities available for sale | 94,217,000 | 92,288,000 | 83,564,000 | 84,853,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 247,058,000 | 237,308,000 | 233,152,000 | 239,524,000 |
| Interest-bearing deposits | 215,356,000 | 203,528,000 | 200,225,000 | 205,166,000 |
| Noninterest-bearing deposits | 31,702,000 | 33,780,000 | 32,927,000 | 34,358,000 |
| Equity capital | 30,015,000 | 30,765,000 | 30,231,000 | 31,688,000 |
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 | 2,063,000 | 4,133,000 | 6,318,000 | 8,494,000 |
| Interest expense | 304,000 | 623,000 | 1,009,000 | 1,398,000 |
| Net interest income | 1,759,000 | 3,510,000 | 5,309,000 | 7,096,000 |
| Noninterest income | 128,000 | 202,000 | 270,000 | 330,000 |
| Noninterest expense | 1,012,000 | 2,076,000 | 3,092,000 | 4,280,000 |
| Provision for loan losses | 0 | 0 | 0 | 8,000 |
| Pretax income | 875,000 | 1,636,000 | 2,487,000 | 3,138,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 875,000 | 1,636,000 | 2,487,000 | 3,138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,036,000 | 31,868,000 | 31,634,000 | 32,401,000 |
| Total capital | 31,601,000 | 32,434,000 | 32,203,000 | 32,973,000 |
| Risk-weighted assets | 118,064,000 | 115,884,000 | 113,904,000 | 116,116,000 |