Call reports 2017
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2017
What REPUBLIC FIRST BANK DBA REPUBLIC 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 | 1,963,081,000 | 2,037,613,000 | 2,135,316,000 | 2,315,740,000 |
| Total loans | 1,051,241,000 | 1,096,057,000 | 1,137,116,000 | 1,207,978,000 |
| Allowance for loan losses | 9,181,000 | 9,454,000 | 8,258,000 | 8,599,000 |
| Securities available for sale | 362,328,000 | 345,182,000 | 377,757,000 | 464,430,000 |
| Securities held to maturity | 420,830,000 | 408,353,000 | 415,987,000 | 471,213,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,781,623,000 | 1,793,938,000 | 1,946,459,000 | 2,124,036,000 |
| Interest-bearing deposits | 1,574,767,000 | 1,576,815,000 | 1,731,072,000 | 1,884,784,000 |
| Noninterest-bearing deposits | 206,856,000 | 217,123,000 | 215,387,000 | 239,252,000 |
| Equity capital | 173,656,000 | 177,292,000 | 180,082,000 | 181,256,000 |
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 | 16,342,000 | 33,844,000 | 52,032,000 | 71,713,000 |
| Interest expense | 1,669,000 | 3,428,000 | 5,329,000 | 7,559,000 |
| Net interest income | 14,673,000 | 30,416,000 | 46,703,000 | 64,154,000 |
| Noninterest income | 4,175,000 | 9,024,000 | 14,526,000 | 19,343,000 |
| Noninterest expense | 16,553,000 | 33,840,000 | 52,618,000 | 73,853,000 |
| Provision for loan losses | 0 | 500,000 | 500,000 | 900,000 |
| Pretax income | 2,295,000 | 5,039,000 | 8,050,000 | 8,598,000 |
| Income tax | 156,000 | 390,000 | 634,000 | -2,005,000 |
| Net income | 2,139,000 | 4,649,000 | 7,416,000 | 10,603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 171,023,000 | 173,637,000 | 176,256,000 | 179,132,000 |
| Total capital | 180,204,000 | 183,091,000 | 184,514,000 | 187,731,000 |
| Risk-weighted assets | 1,344,029,000 | 1,386,690,000 | 1,418,112,000 | 1,493,074,000 |