Call reports 2014
FIRST CHOICE BANK — 2014
What FIRST CHOICE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 484,361,000 | 528,178,000 | 617,315,000 | 626,473,000 |
| Total loans | 344,557,000 | 424,674,000 | 455,231,000 | 512,042,000 |
| Allowance for loan losses | 6,461,000 | 6,911,000 | 7,551,000 | 8,501,000 |
| Securities available for sale | 50,252,000 | 43,966,000 | 43,280,000 | 41,100,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 431,262,000 | 446,902,000 | 557,599,000 | 536,117,000 |
| Interest-bearing deposits | 375,031,000 | 400,123,000 | 494,629,000 | 471,756,000 |
| Noninterest-bearing deposits | 56,231,000 | 46,779,000 | 62,970,000 | 64,361,000 |
| Equity capital | 43,175,000 | 44,804,000 | 49,853,000 | 56,252,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 5,022,000 | 10,509,000 | 16,657,000 | 23,722,000 |
| Interest expense | 872,000 | 1,864,000 | 3,135,000 | 4,458,000 |
| Net interest income | 4,150,000 | 8,645,000 | 13,522,000 | 19,264,000 |
| Noninterest income | 1,002,000 | 1,859,000 | 2,918,000 | 3,796,000 |
| Noninterest expense | 2,706,000 | 5,841,000 | 9,384,000 | 13,321,000 |
| Provision for loan losses | 705,000 | 1,155,000 | 1,795,000 | 2,745,000 |
| Pretax income | 1,743,000 | 3,491,000 | 5,244,000 | 6,977,000 |
| Income tax | 741,000 | 1,431,000 | 2,181,000 | 2,905,000 |
| Net income | 1,002,000 | 2,060,000 | 3,063,000 | 4,072,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,136,000 | 44,999,000 | 49,690,000 | 55,493,000 |
| Total capital | 48,752,000 | 50,813,000 | 55,979,000 | 62,466,000 |
| Risk-weighted assets | 367,237,000 | 463,833,000 | 501,633,000 | 556,048,000 |