Call reports 2016
FIRST CHOICE BANK — 2016
What FIRST CHOICE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 811,059,000 | 827,471,000 | 833,053,000 | 862,690,000 |
| Total loans | 669,806,000 | 689,800,000 | 670,965,000 | 704,345,000 |
| Allowance for loan losses | 12,315,000 | 12,895,000 | 11,599,000 | 11,599,000 |
| Securities available for sale | 24,315,000 | 27,467,000 | 29,668,000 | 35,790,000 |
| Securities held to maturity | 16,020,000 | 7,211,000 | 4,724,000 | 5,675,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 693,739,000 | 700,059,000 | 721,179,000 | 756,561,000 |
| Interest-bearing deposits | 586,968,000 | 584,335,000 | 614,149,000 | 605,797,000 |
| Noninterest-bearing deposits | 106,771,000 | 115,724,000 | 107,030,000 | 150,764,000 |
| Equity capital | 94,351,000 | 96,877,000 | 99,624,000 | 102,507,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 9,071,000 | 18,473,000 | 28,416,000 | 37,586,000 |
| Interest expense | 1,417,000 | 2,894,000 | 4,401,000 | 6,047,000 |
| Net interest income | 7,654,000 | 15,579,000 | 24,015,000 | 31,539,000 |
| Noninterest income | 1,083,000 | 2,205,000 | 3,290,000 | 4,332,000 |
| Noninterest expense | 5,187,000 | 10,133,000 | 15,228,000 | 19,914,000 |
| Provision for loan losses | 900,000 | 1,480,000 | 1,740,000 | 1,740,000 |
| Pretax income | 2,650,000 | 6,171,000 | 10,337,000 | 14,217,000 |
| Income tax | 1,094,000 | 2,546,000 | 4,265,000 | 5,868,000 |
| Net income | 1,556,000 | 3,625,000 | 6,072,000 | 8,349,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 94,483,000 | 96,816,000 | 99,569,000 | 102,895,000 |
| Total capital | 103,293,000 | 105,976,000 | 108,292,000 | 111,962,000 |
| Risk-weighted assets | 700,926,000 | 728,684,000 | 694,618,000 | 722,497,000 |