Call reports 2019
FIRST CHOICE BANK — 2019
What FIRST CHOICE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,651,443,000 | 1,730,411,000 | 1,655,635,000 | 1,690,431,000 |
| Total loans | 1,291,724,000 | 1,344,443,000 | 1,328,525,000 | 1,382,334,000 |
| Allowance for loan losses | 11,426,000 | 12,053,000 | 12,340,000 | 13,522,000 |
| Securities available for sale | 29,064,000 | 28,558,000 | 27,344,000 | 26,653,000 |
| Securities held to maturity | 5,311,000 | 5,076,000 | 5,066,000 | 5,056,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,215,541,000 | 1,256,144,000 | 1,339,767,000 | 1,314,030,000 |
| Interest-bearing deposits | 679,302,000 | 708,444,000 | 673,266,000 | 687,124,000 |
| Noninterest-bearing deposits | 536,239,000 | 547,700,000 | 666,501,000 | 626,906,000 |
| Equity capital | 261,828,000 | 266,690,000 | 271,674,000 | 271,189,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 21,859,000 | 44,110,000 | 68,475,000 | 90,452,000 |
| Interest expense | 2,474,000 | 5,675,000 | 8,816,000 | 11,414,000 |
| Net interest income | 19,385,000 | 38,435,000 | 59,659,000 | 79,038,000 |
| Noninterest income | 2,061,000 | 4,307,000 | 5,942,000 | 7,509,000 |
| Noninterest expense | 10,514,000 | 20,925,000 | 31,421,000 | 42,614,000 |
| Provision for loan losses | 350,000 | 900,000 | 1,600,000 | 2,800,000 |
| Pretax income | 10,617,000 | 20,991,000 | 32,668,000 | 41,215,000 |
| Income tax | 3,360,000 | 6,662,000 | 10,036,000 | 12,457,000 |
| Net income | 7,257,000 | 14,329,000 | 22,632,000 | 28,758,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 184,001,000 | 188,620,000 | 193,721,000 | 193,536,000 |
| Total capital | 196,802,000 | 202,048,000 | 207,436,000 | 208,233,000 |
| Risk-weighted assets | 1,361,914,000 | 1,432,154,000 | 1,443,374,000 | 1,484,378,000 |