Call reports 2018
GARRETT STATE BANK, THE — 2018
What GARRETT STATE BANK, THE 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 | 226,600,000 | 240,938,000 | 226,932,000 | 239,256,000 |
| Total loans | 170,462,000 | 170,047,000 | 172,088,000 | 174,122,000 |
| Allowance for loan losses | 1,955,000 | 2,001,000 | 1,980,000 | 1,929,000 |
| Securities available for sale | 23,807,000 | 23,002,000 | 28,193,000 | 28,687,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,734,000 | 199,050,000 | 184,633,000 | 196,293,000 |
| Interest-bearing deposits | 146,799,000 | 161,585,000 | 147,362,000 | 159,439,000 |
| Noninterest-bearing deposits | 36,935,000 | 37,465,000 | 37,271,000 | 36,854,000 |
| Equity capital | 23,564,000 | 23,910,000 | 24,247,000 | 24,754,000 |
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 | 2,447,000 | 4,872,000 | 7,360,000 | 9,876,000 |
| Interest expense | 349,000 | 742,000 | 1,161,000 | 1,600,000 |
| Net interest income | 2,098,000 | 4,130,000 | 6,199,000 | 8,276,000 |
| Noninterest income | 191,000 | 386,000 | 591,000 | 772,000 |
| Noninterest expense | 1,189,000 | 2,439,000 | 3,706,000 | 5,210,000 |
| Provision for loan losses | 60,000 | 120,000 | 150,000 | 195,000 |
| Pretax income | 1,040,000 | 1,957,000 | 2,934,000 | 3,643,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,040,000 | 1,957,000 | 2,934,000 | 3,643,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,590,000 | 23,973,000 | 24,415,000 | 24,611,000 |
| Total capital | 25,169,000 | 25,543,000 | 26,036,000 | 26,251,000 |
| Risk-weighted assets | 125,962,000 | 125,219,000 | 129,330,000 | 130,918,000 |