Call reports 2014
FIRST CHOICE BANK — 2014
What FIRST CHOICE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,020,702,000 | 1,105,616,000 | 1,155,899,000 | 1,199,655,000 |
| Total loans | 563,002,000 | 604,729,000 | 574,877,000 | 613,103,000 |
| Allowance for loan losses | 7,185,000 | 7,726,000 | 13,623,000 | 14,277,000 |
| Securities available for sale | 158,400,000 | 153,554,000 | 148,841,000 | 129,549,000 |
| Securities held to maturity | 233,729,000 | 283,783,000 | 367,923,000 | 398,728,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 859,613,000 | 892,193,000 | 914,252,000 | 916,205,000 |
| Interest-bearing deposits | 819,882,000 | 847,592,000 | 870,724,000 | 875,852,000 |
| Noninterest-bearing deposits | 39,731,000 | 44,601,000 | 43,528,000 | 40,353,000 |
| Equity capital | 85,619,000 | 90,156,000 | 101,248,000 | 100,875,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 8,110,000 | 17,098,000 | 26,152,000 | 35,684,000 |
| Interest expense | 2,070,000 | 4,311,000 | 6,641,000 | 9,052,000 |
| Net interest income | 6,040,000 | 12,787,000 | 19,511,000 | 26,632,000 |
| Noninterest income | 13,343,000 | 33,171,000 | 45,252,000 | 55,390,000 |
| Noninterest expense | 15,806,000 | 37,524,000 | 52,048,000 | 65,500,000 |
| Provision for loan losses | 510,000 | 1,120,000 | 7,810,000 | 13,686,000 |
| Pretax income | 3,067,000 | 7,314,000 | 4,905,000 | 3,487,000 |
| Income tax | 1,025,000 | 2,491,000 | 1,372,000 | 702,000 |
| Net income | 2,042,000 | 4,823,000 | 3,533,000 | 2,785,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 86,412,000 | 90,339,000 | 101,385,000 | 100,625,000 |
| Total capital | 93,597,000 | 97,551,000 | 108,711,000 | 108,115,000 |
| Risk-weighted assets | 609,452,000 | 643,082,000 | 579,819,000 | 592,396,000 |