Call reports 2018
FIRST CHOICE BANK — 2018
What FIRST CHOICE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 947,475,000 | 962,663,000 | 1,587,355,000 | 1,622,437,000 |
| Total loans | 800,954,000 | 794,954,000 | 1,251,498,000 | 1,279,003,000 |
| Allowance for loan losses | 10,010,000 | 10,376,000 | 10,656,000 | 11,056,000 |
| Securities available for sale | 31,044,000 | 29,732,000 | 28,473,000 | 29,543,000 |
| Securities held to maturity | 5,292,000 | 5,344,000 | 5,333,000 | 5,322,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 759,208,000 | 785,489,000 | 1,314,149,000 | 1,252,512,000 |
| Interest-bearing deposits | 561,298,000 | 573,346,000 | 753,857,000 | 705,625,000 |
| Noninterest-bearing deposits | 197,910,000 | 212,143,000 | 560,292,000 | 546,887,000 |
| Equity capital | 108,363,000 | 112,266,000 | 248,243,000 | 256,330,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 11,193,000 | 24,124,000 | 42,359,000 | 64,477,000 |
| Interest expense | 1,624,000 | 3,679,000 | 6,004,000 | 8,462,000 |
| Net interest income | 9,569,000 | 20,445,000 | 36,355,000 | 56,015,000 |
| Noninterest income | 625,000 | 1,439,000 | 2,120,000 | 3,628,000 |
| Noninterest expense | 6,354,000 | 12,486,000 | 24,654,000 | 35,283,000 |
| Provision for loan losses | 200,000 | 520,000 | 1,120,000 | 1,520,000 |
| Pretax income | 3,574,000 | 8,761,000 | 12,561,000 | 22,720,000 |
| Income tax | 957,000 | 2,596,000 | 3,544,000 | 6,741,000 |
| Net income | 2,617,000 | 6,165,000 | 9,017,000 | 15,979,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 109,148,000 | 113,091,000 | 170,588,000 | 178,614,000 |
| Total capital | 119,639,000 | 123,590,000 | 182,619,000 | 191,045,000 |
| Risk-weighted assets | 838,770,000 | 839,067,000 | 1,334,105,000 | 1,347,514,000 |