Call reports 2013
FIRST CHOICE BANK — 2013
What FIRST CHOICE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 355,473,000 | 362,706,000 | 382,466,000 | 440,053,000 |
| Total loans | 211,891,000 | 241,308,000 | 305,889,000 | 348,696,000 |
| Allowance for loan losses | 3,435,000 | 4,082,000 | 5,210,000 | 5,749,000 |
| Securities available for sale | 95,676,000 | 87,232,000 | 58,503,000 | 56,056,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 305,188,000 | 318,877,000 | 330,070,000 | 379,692,000 |
| Interest-bearing deposits | 269,719,000 | 274,227,000 | 282,151,000 | 336,519,000 |
| Noninterest-bearing deposits | 35,469,000 | 44,650,000 | 47,919,000 | 43,173,000 |
| Equity capital | 38,209,000 | 31,988,000 | 31,706,000 | 32,485,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,239,000 | 6,886,000 | 11,223,000 | 16,018,000 |
| Interest expense | 729,000 | 1,426,000 | 2,120,000 | 2,882,000 |
| Net interest income | 2,510,000 | 5,460,000 | 9,103,000 | 13,136,000 |
| Noninterest income | 454,000 | 1,235,000 | 1,636,000 | 2,234,000 |
| Noninterest expense | 2,009,000 | 4,278,000 | 6,524,000 | 9,210,000 |
| Provision for loan losses | 180,000 | 777,000 | 1,891,000 | 2,430,000 |
| Pretax income | 775,000 | 1,640,000 | 2,415,000 | 3,821,000 |
| Income tax | 313,000 | 636,000 | 912,000 | 1,138,000 |
| Net income | 462,000 | 1,004,000 | 1,503,000 | 2,683,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,663,000 | 32,577,000 | 33,031,000 | 33,416,000 |
| Total capital | 40,607,000 | 35,861,000 | 37,089,000 | 38,005,000 |
| Risk-weighted assets | 235,002,000 | 261,849,000 | 323,432,000 | 365,818,000 |