Call reports 2017
FOUNDATION ONE BANK — 2017
What FOUNDATION ONE 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 | 97,272,000 | 102,021,000 | 99,781,000 | 100,346,000 |
| Total loans | 82,070,000 | 87,015,000 | 86,887,000 | 86,823,000 |
| Allowance for loan losses | 634,000 | 684,000 | 668,000 | 687,000 |
| Securities available for sale | 6,269,000 | 6,302,000 | 6,781,000 | 6,296,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,201,000 | 80,402,000 | 78,541,000 | 78,560,000 |
| Interest-bearing deposits | 59,816,000 | 59,791,000 | 58,527,000 | 53,072,000 |
| Noninterest-bearing deposits | 17,385,000 | 20,612,000 | 20,014,000 | 25,488,000 |
| Equity capital | 12,172,000 | 12,302,000 | 12,411,000 | 12,535,000 |
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 | 950,000 | 1,969,000 | 3,027,000 | 4,103,000 |
| Interest expense | 156,000 | 318,000 | 491,000 | 669,000 |
| Net interest income | 794,000 | 1,651,000 | 2,536,000 | 3,434,000 |
| Noninterest income | 192,000 | 463,000 | 685,000 | 753,000 |
| Noninterest expense | 684,000 | 1,501,000 | 2,301,000 | 3,003,000 |
| Provision for loan losses | 18,000 | 93,000 | 179,000 | 201,000 |
| Pretax income | 284,000 | 520,000 | 741,000 | 983,000 |
| Income tax | 98,000 | 207,000 | 314,000 | 407,000 |
| Net income | 186,000 | 313,000 | 427,000 | 576,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,473,000 | 11,604,000 | 11,710,000 | 11,880,000 |
| Total capital | 12,106,000 | 12,288,000 | 12,378,000 | 12,567,000 |
| Risk-weighted assets | 84,808,000 | 88,281,000 | 84,581,000 | 87,890,000 |