Call reports 2017
FIRST CHOICE BANK — 2017
What FIRST CHOICE 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 | 914,809,000 | 912,430,000 | 923,675,000 | 903,668,000 |
| Total loans | 743,287,000 | 739,277,000 | 768,082,000 | 752,312,000 |
| Allowance for loan losses | 11,523,000 | 11,333,000 | 10,802,000 | 10,497,000 |
| Securities available for sale | 39,651,000 | 36,351,000 | 34,981,000 | 35,002,000 |
| Securities held to maturity | 5,666,000 | 5,316,000 | 5,308,000 | 5,300,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 767,436,000 | 756,689,000 | 793,531,000 | 772,787,000 |
| Interest-bearing deposits | 569,764,000 | 596,608,000 | 555,343,000 | 537,095,000 |
| Noninterest-bearing deposits | 197,672,000 | 160,081,000 | 238,188,000 | 235,692,000 |
| Equity capital | 103,742,000 | 105,093,000 | 105,930,000 | 105,887,000 |
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 | 9,090,000 | 18,761,000 | 29,522,000 | 40,908,000 |
| Interest expense | 1,435,000 | 2,877,000 | 4,481,000 | 6,041,000 |
| Net interest income | 7,655,000 | 15,884,000 | 25,041,000 | 34,867,000 |
| Noninterest income | 1,445,000 | 2,630,000 | 4,058,000 | 4,974,000 |
| Noninterest expense | 5,507,000 | 11,079,000 | 17,255,000 | 23,427,000 |
| Provision for loan losses | 0 | 0 | 1,000,000 | 642,000 |
| Pretax income | 3,593,000 | 7,435,000 | 10,844,000 | 15,772,000 |
| Income tax | 1,466,000 | 3,027,000 | 4,444,000 | 8,224,000 |
| Net income | 2,127,000 | 4,408,000 | 6,400,000 | 7,548,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 104,062,000 | 105,240,000 | 106,182,000 | 106,384,000 |
| Total capital | 113,779,000 | 115,251,000 | 116,490,000 | 116,278,000 |
| Risk-weighted assets | 775,121,000 | 798,974,000 | 823,620,000 | 790,012,000 |