Call reports 2018
FIRST BANK OF CHARLESTON, INC. — 2018
What FIRST BANK OF CHARLESTON, INC. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Total assets | 181,580,000 | 179,975,000 | 174,080,000 |
| Total loans | 126,584,000 | 124,216,000 | 119,503,000 |
| Allowance for loan losses | 1,813,000 | 1,923,000 | 1,988,000 |
| Securities available for sale | 42,529,000 | 46,356,000 | 45,059,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 140,780,000 | 138,392,000 | 129,979,000 |
| Interest-bearing deposits | 123,889,000 | 120,366,000 | 110,025,000 |
| Noninterest-bearing deposits | 16,891,000 | 18,026,000 | 19,954,000 |
| Equity capital | 21,918,000 | 21,896,000 | 22,061,000 |
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 |
|---|---|---|---|
| Interest income | 1,926,000 | 3,811,000 | 5,698,000 |
| Interest expense | 351,000 | 749,000 | 1,160,000 |
| Net interest income | 1,575,000 | 3,062,000 | 4,538,000 |
| Noninterest income | 104,000 | 207,000 | 306,000 |
| Noninterest expense | 1,038,000 | 2,101,000 | 3,100,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 |
| Pretax income | 551,000 | 979,000 | 1,465,000 |
| Income tax | 162,000 | 293,000 | 434,000 |
| Net income | 389,000 | 686,000 | 1,031,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 |
|---|---|---|---|
| Tier 1 capital | 22,805,000 | 22,895,000 | 23,216,000 |
| Total capital | 24,418,000 | 24,492,000 | 24,756,000 |
| Risk-weighted assets | 128,751,000 | 127,457,000 | 122,769,000 |