Call reports 2016
FIRST CHOICE BANK — 2016
What FIRST CHOICE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Total assets | 1,124,702,000 | 1,101,117,000 | 1,105,484,000 |
| Total loans | 544,790,000 | 572,080,000 | 584,534,000 |
| Allowance for loan losses | 13,231,000 | 14,037,000 | 14,418,000 |
| Securities available for sale | 117,553,000 | 444,955,000 | 462,438,000 |
| Securities held to maturity | 398,955,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 906,355,000 | 872,549,000 | 885,178,000 |
| Interest-bearing deposits | 854,967,000 | 818,754,000 | 836,117,000 |
| Noninterest-bearing deposits | 51,388,000 | 53,795,000 | 49,061,000 |
| Equity capital | 102,149,000 | 111,653,000 | 112,917,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Interest income | 8,624,000 | 17,305,000 | 26,342,000 |
| Interest expense | 2,041,000 | 4,141,000 | 6,295,000 |
| Net interest income | 6,583,000 | 13,164,000 | 20,047,000 |
| Noninterest income | 15,668,000 | 40,398,000 | 64,914,000 |
| Noninterest expense | 19,728,000 | 44,369,000 | 70,760,000 |
| Provision for loan losses | 1,230,000 | 1,405,000 | 1,405,000 |
| Pretax income | 1,369,000 | 9,115,000 | 14,123,000 |
| Income tax | 461,000 | 3,282,000 | 5,091,000 |
| Net income | 908,000 | 5,833,000 | 9,032,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Tier 1 capital | 100,686,000 | 106,182,000 | 109,113,000 |
| Total capital | 108,252,000 | 113,918,000 | 116,826,000 |
| Risk-weighted assets | 598,158,000 | 611,241,000 | 609,659,000 |