Call reports 2017
ERICSON STATE BANK — 2017
What ERICSON STATE BANK 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 | 80,044,000 | 83,899,000 | 84,891,000 | 86,387,000 |
| Total loans | 71,921,000 | 75,808,000 | 76,783,000 | 77,338,000 |
| Allowance for loan losses | 574,000 | 628,000 | 651,000 | 652,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,563,000 | 5,053,000 | 4,924,000 | 5,721,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,580,000 | 71,817,000 | 75,567,000 | 74,065,000 |
| Interest-bearing deposits | 64,804,000 | 66,485,000 | 69,263,000 | 67,867,000 |
| Noninterest-bearing deposits | 5,776,000 | 5,332,000 | 6,304,000 | 6,198,000 |
| Equity capital | 7,842,000 | 8,087,000 | 8,385,000 | 8,568,000 |
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 | 1,108,000 | 2,274,000 | 3,481,000 | 4,687,000 |
| Interest expense | 198,000 | 410,000 | 645,000 | 888,000 |
| Net interest income | 910,000 | 1,864,000 | 2,836,000 | 3,799,000 |
| Noninterest income | 24,000 | 49,000 | 59,000 | -4,000 |
| Noninterest expense | 367,000 | 771,000 | 1,170,000 | 1,794,000 |
| Provision for loan losses | 100,000 | 175,000 | 250,000 | 350,000 |
| Pretax income | 467,000 | 967,000 | 1,475,000 | 1,651,000 |
| Income tax | 130,000 | 266,000 | 401,000 | 299,000 |
| Net income | 337,000 | 701,000 | 1,074,000 | 1,352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,842,000 | 8,087,000 | 8,385,000 | 8,568,000 |
| Total capital | 8,416,000 | 8,715,000 | 9,036,000 | 9,220,000 |
| Risk-weighted assets | 66,160,000 | 69,489,000 | 70,715,000 | 71,205,000 |