Call reports 2019
FOUNDATION ONE BANK — 2019
What FOUNDATION ONE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 107,319,000 | 109,327,000 | 109,365,000 | 110,432,000 |
| Total loans | 90,348,000 | 90,399,000 | 89,655,000 | 90,700,000 |
| Allowance for loan losses | 735,000 | 702,000 | 853,000 | 853,000 |
| Securities available for sale | 7,036,000 | 9,229,000 | 9,266,000 | 9,026,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,048,000 | 88,076,000 | 88,731,000 | 90,668,000 |
| Interest-bearing deposits | 64,221,000 | 67,290,000 | 68,736,000 | 71,834,000 |
| Noninterest-bearing deposits | 20,827,000 | 20,786,000 | 19,995,000 | 18,834,000 |
| Equity capital | 13,336,000 | 13,460,000 | 13,437,000 | 13,530,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,217,000 | 2,481,000 | 3,704,000 | 4,910,000 |
| Interest expense | 315,000 | 683,000 | 1,054,000 | 1,413,000 |
| Net interest income | 902,000 | 1,798,000 | 2,650,000 | 3,497,000 |
| Noninterest income | 76,000 | 169,000 | 293,000 | 407,000 |
| Noninterest expense | 831,000 | 1,659,000 | 2,462,000 | 3,292,000 |
| Provision for loan losses | 10,000 | 80,000 | 250,000 | 250,000 |
| Pretax income | 137,000 | 228,000 | 231,000 | 362,000 |
| Income tax | 38,000 | 59,000 | 97,000 | 131,000 |
| Net income | 99,000 | 169,000 | 134,000 | 231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,707,000 | 12,776,000 | 12,728,000 | 12,837,000 |
| Total capital | 13,443,000 | 13,478,000 | 13,581,000 | 13,690,000 |
| Risk-weighted assets | 83,298,000 | 84,030,000 | 87,946,000 | 87,379,000 |