Call reports 2018
INFINITY BANK — 2018
What INFINITY 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 | 34,108,000 | 43,265,000 | 59,553,000 | 70,542,000 |
| Total loans | 285,000 | 4,185,000 | 4,772,000 | 13,919,000 |
| Allowance for loan losses | 4,000 | 52,000 | 60,000 | 174,000 |
| Securities available for sale | 5,515,000 | 14,901,000 | 14,127,000 | 15,715,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,152,000 | 14,155,000 | 31,326,000 | 42,888,000 |
| Interest-bearing deposits | 4,131,000 | 4,120,000 | 8,531,000 | 25,283,000 |
| Noninterest-bearing deposits | 21,000 | 10,035,000 | 22,795,000 | 17,605,000 |
| Equity capital | 29,864,000 | 28,960,000 | 28,050,000 | 27,374,000 |
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 | 84,000 | 269,000 | 545,000 | 935,000 |
| Interest expense | 1,000 | 7,000 | 14,000 | 38,000 |
| Net interest income | 83,000 | 262,000 | 531,000 | 897,000 |
| Noninterest income | 0 | 6,000 | 15,000 | 44,000 |
| Noninterest expense | 555,000 | 1,545,000 | 2,737,000 | 3,870,000 |
| Provision for loan losses | 4,000 | 52,000 | 60,000 | 174,000 |
| Pretax income | -476,000 | -1,329,000 | -2,251,000 | -3,103,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | -478,000 | -1,331,000 | -2,253,000 | -3,105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,899,000 | 29,046,000 | 28,199,000 | 27,428,000 |
| Total capital | 29,903,000 | 29,098,000 | 28,259,000 | 27,602,000 |
| Risk-weighted assets | 2,835,000 | 11,272,000 | 10,289,000 | 21,988,000 |