Call reports 2019
CLARE BANK, NATIONAL ASSOCIATION — 2019
What CLARE BANK, NATIONAL ASSOCIATION 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 | 272,379,000 | 263,474,000 | 264,643,000 | 275,825,000 |
| Total loans | 150,793,000 | 149,691,000 | 151,062,000 | 152,853,000 |
| Allowance for loan losses | 581,000 | 625,000 | 617,000 | 616,000 |
| Securities available for sale | 73,005,000 | 77,748,000 | 86,250,000 | 88,044,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 239,347,000 | 228,759,000 | 229,766,000 | 240,556,000 |
| Interest-bearing deposits | 207,463,000 | 196,311,000 | 196,815,000 | 204,908,000 |
| Noninterest-bearing deposits | 31,884,000 | 32,448,000 | 32,951,000 | 35,648,000 |
| Equity capital | 32,695,000 | 34,303,000 | 34,388,000 | 34,780,000 |
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 | 2,223,000 | 4,475,000 | 6,759,000 | 9,019,000 |
| Interest expense | 435,000 | 909,000 | 1,448,000 | 1,944,000 |
| Net interest income | 1,788,000 | 3,566,000 | 5,311,000 | 7,075,000 |
| Noninterest income | 57,000 | 136,000 | 217,000 | 296,000 |
| Noninterest expense | 1,047,000 | 2,141,000 | 3,247,000 | 4,323,000 |
| Provision for loan losses | 7,000 | 46,000 | 46,000 | 46,000 |
| Pretax income | 887,000 | 1,736,000 | 2,565,000 | 3,292,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 887,000 | 1,736,000 | 2,565,000 | 3,292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,330,000 | 33,179,000 | 33,008,000 | 33,735,000 |
| Total capital | 32,911,000 | 33,804,000 | 33,625,000 | 34,351,000 |
| Risk-weighted assets | 117,896,000 | 119,682,000 | 119,444,000 | 118,775,000 |