Call reports 2015
FOUNDATION ONE BANK — 2015
What FOUNDATION ONE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 74,233,000 | 78,299,000 | 77,778,000 | 77,836,000 |
| Total loans | 64,304,000 | 64,544,000 | 62,364,000 | 64,621,000 |
| Allowance for loan losses | 462,000 | 477,000 | 480,000 | 495,000 |
| Securities available for sale | 6,450,000 | 6,335,000 | 6,830,000 | 6,801,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,542,000 | 61,990,000 | 63,294,000 | 62,962,000 |
| Interest-bearing deposits | 48,420,000 | 50,835,000 | 50,663,000 | 48,758,000 |
| Noninterest-bearing deposits | 9,122,000 | 11,155,000 | 12,631,000 | 14,205,000 |
| Equity capital | 7,239,000 | 7,468,000 | 7,819,000 | 7,906,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 700,000 | 1,426,000 | 2,191,000 | 2,937,000 |
| Interest expense | 114,000 | 234,000 | 359,000 | 480,000 |
| Net interest income | 586,000 | 1,192,000 | 1,832,000 | 2,457,000 |
| Noninterest income | 495,000 | 861,000 | 1,221,000 | 1,519,000 |
| Noninterest expense | 787,000 | 1,529,000 | 2,289,000 | 3,040,000 |
| Provision for loan losses | 10,000 | 25,000 | 40,000 | 55,000 |
| Pretax income | 284,000 | 499,000 | 724,000 | 881,000 |
| Income tax | 102,000 | 177,000 | 257,000 | 314,000 |
| Net income | 182,000 | 322,000 | 467,000 | 567,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,546,000 | 6,774,000 | 7,125,000 | 7,213,000 |
| Total capital | 7,008,000 | 7,251,000 | 7,605,000 | 7,708,000 |
| Risk-weighted assets | 64,183,000 | 65,738,000 | 65,279,000 | 67,642,000 |