Call reports 2017
EVOLVE BANK & TRUST — 2017
What EVOLVE BANK & TRUST 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 | 436,353,000 | 450,454,000 | 447,238,000 | 456,898,000 |
| Total loans | 385,963,000 | 403,687,000 | 391,906,000 | 395,197,000 |
| Allowance for loan losses | 5,823,000 | 5,876,000 | 6,032,000 | 6,368,000 |
| Securities available for sale | 20,437,000 | 20,471,000 | 20,281,000 | 20,253,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 318,552,000 | 357,341,000 | 360,441,000 | 368,649,000 |
| Interest-bearing deposits | 290,816,000 | 274,358,000 | 254,521,000 | 263,370,000 |
| Noninterest-bearing deposits | 27,736,000 | 82,983,000 | 105,920,000 | 105,279,000 |
| Equity capital | 38,452,000 | 39,255,000 | 40,094,000 | 40,023,000 |
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 | 4,974,000 | 10,446,000 | 16,044,000 | 21,550,000 |
| Interest expense | 783,000 | 1,652,000 | 2,497,000 | 3,391,000 |
| Net interest income | 4,191,000 | 8,794,000 | 13,547,000 | 18,159,000 |
| Noninterest income | 10,090,000 | 21,995,000 | 32,013,000 | 42,033,000 |
| Noninterest expense | 13,363,000 | 27,676,000 | 40,635,000 | 53,750,000 |
| Provision for loan losses | 173,000 | 252,000 | 529,000 | 1,183,000 |
| Pretax income | 745,000 | 2,861,000 | 4,396,000 | 5,259,000 |
| Income tax | 293,000 | 1,090,000 | 1,666,000 | 2,300,000 |
| Net income | 452,000 | 1,771,000 | 2,730,000 | 2,959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,897,000 | 36,622,000 | 37,464,000 | 37,421,000 |
| Total capital | 40,199,000 | 41,035,000 | 41,937,000 | 42,006,000 |
| Risk-weighted assets | 342,639,000 | 351,542,000 | 356,298,000 | 365,025,000 |