Call reports 2018
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2018
What REPUBLIC FIRST BANK DBA REPUBLIC 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 | 2,465,062,000 | 2,546,380,000 | 2,650,419,000 | 2,745,396,000 |
| Total loans | 1,276,565,000 | 1,356,879,000 | 1,411,627,000 | 1,462,889,000 |
| Allowance for loan losses | 6,650,000 | 7,566,000 | 8,084,000 | 8,615,000 |
| Securities available for sale | 519,692,000 | 502,021,000 | 487,524,000 | 321,014,000 |
| Securities held to maturity | 518,295,000 | 503,742,000 | 485,291,000 | 761,563,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,154,266,000 | 2,165,121,000 | 2,431,268,000 | 2,421,006,000 |
| Interest-bearing deposits | 1,896,914,000 | 1,852,549,000 | 2,172,544,000 | 2,160,438,000 |
| Noninterest-bearing deposits | 257,352,000 | 312,572,000 | 258,724,000 | 260,568,000 |
| Equity capital | 208,310,000 | 209,411,000 | 209,670,000 | 220,864,000 |
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 | 21,025,000 | 43,538,000 | 67,331,000 | 92,861,000 |
| Interest expense | 2,688,000 | 6,241,000 | 10,536,000 | 15,729,000 |
| Net interest income | 18,337,000 | 37,297,000 | 56,795,000 | 77,132,000 |
| Noninterest income | 4,406,000 | 9,984,000 | 14,874,000 | 19,589,000 |
| Noninterest expense | 19,580,000 | 39,779,000 | 60,078,000 | 78,750,000 |
| Provision for loan losses | 400,000 | 1,200,000 | 1,700,000 | 2,300,000 |
| Pretax income | 2,763,000 | 6,301,000 | 9,890,000 | 15,604,000 |
| Income tax | 501,000 | 1,165,000 | 2,024,000 | 3,218,000 |
| Net income | 2,262,000 | 5,136,000 | 7,866,000 | 12,386,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 212,169,000 | 214,806,000 | 218,405,000 | 222,995,000 |
| Total capital | 218,819,000 | 222,372,000 | 226,489,000 | 231,610,000 |
| Risk-weighted assets | 1,565,156,000 | 1,627,924,000 | 1,684,814,000 | 1,746,524,000 |