Call reports 2017
SAGE CAPITAL BANK — 2017
What SAGE CAPITAL 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 | 339,349,000 | 362,359,000 | 362,873,000 | 390,339,000 |
| Total loans | 238,195,000 | 245,101,000 | 252,267,000 | 260,176,000 |
| Allowance for loan losses | 2,849,000 | 2,907,000 | 2,970,000 | 3,031,000 |
| Securities available for sale | 55,299,000 | 47,017,000 | 47,470,000 | 46,994,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,522,000 | 320,717,000 | 320,247,000 | 347,196,000 |
| Interest-bearing deposits | 200,268,000 | 214,414,000 | 213,032,000 | 232,028,000 |
| Noninterest-bearing deposits | 98,254,000 | 106,302,000 | 107,216,000 | 115,168,000 |
| Equity capital | 38,954,000 | 39,880,000 | 40,703,000 | 40,983,000 |
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 | 3,501,000 | 7,086,000 | 10,923,000 | 14,896,000 |
| Interest expense | 178,000 | 376,000 | 621,000 | 882,000 |
| Net interest income | 3,323,000 | 6,710,000 | 10,302,000 | 14,014,000 |
| Noninterest income | 381,000 | 737,000 | 1,098,000 | 1,468,000 |
| Noninterest expense | 2,561,000 | 5,173,000 | 7,830,000 | 10,556,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 1,083,000 | 2,154,000 | 3,390,000 | 4,686,000 |
| Income tax | 319,000 | 634,000 | 1,002,000 | 1,825,000 |
| Net income | 764,000 | 1,520,000 | 2,388,000 | 2,861,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,728,000 | 35,019,000 | 35,887,000 | 36,360,000 |
| Total capital | 38,828,000 | 38,177,000 | 39,108,000 | 39,642,000 |
| Risk-weighted assets | 255,683,000 | 265,507,000 | 273,838,000 | 285,461,000 |