Call reports 2018
ERICSON STATE BANK — 2018
What ERICSON STATE BANK 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 | 87,548,000 | 93,504,000 | 96,820,000 | 101,285,000 |
| Total loans | 77,987,000 | 83,267,000 | 86,290,000 | 90,658,000 |
| Allowance for loan losses | 741,000 | 813,000 | 811,000 | 2,550,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,183,000 | 7,019,000 | 7,184,000 | 8,171,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,337,000 | 79,103,000 | 82,171,000 | 88,322,000 |
| Interest-bearing deposits | 69,068,000 | 73,717,000 | 76,575,000 | 81,760,000 |
| Noninterest-bearing deposits | 5,269,000 | 5,386,000 | 5,596,000 | 6,562,000 |
| Equity capital | 8,930,000 | 9,270,000 | 9,621,000 | 7,864,000 |
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 | 1,251,000 | 2,568,000 | 3,996,000 | 5,153,000 |
| Interest expense | 256,000 | 546,000 | 884,000 | 1,277,000 |
| Net interest income | 995,000 | 2,022,000 | 3,112,000 | 3,876,000 |
| Noninterest income | 18,000 | 37,000 | 34,000 | 73,000 |
| Noninterest expense | 330,000 | 715,000 | 1,116,000 | 1,689,000 |
| Provision for loan losses | 75,000 | 150,000 | 165,000 | 1,922,000 |
| Pretax income | 608,000 | 1,194,000 | 1,865,000 | 338,000 |
| Income tax | 121,000 | 242,000 | 362,000 | 92,000 |
| Net income | 487,000 | 952,000 | 1,503,000 | 246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,930,000 | 9,270,000 | 9,621,000 | 7,864,000 |
| Total capital | 9,671,000 | 10,083,000 | 10,432,000 | 8,948,000 |
| Risk-weighted assets | 72,128,000 | 76,958,000 | 79,849,000 | 85,329,000 |