Call reports 2017
ERGO BANK — 2017
What ERGO 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 | 77,649,000 | 80,831,000 | 80,001,000 | 79,461,000 |
| Total loans | 52,711,000 | 58,929,000 | 58,597,000 | 57,057,000 |
| Allowance for loan losses | 800,000 | 869,000 | 871,000 | 893,000 |
| Securities available for sale | 19,914,000 | 16,870,000 | 13,842,000 | 12,839,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,186,000 | 63,629,000 | 66,920,000 | 67,604,000 |
| Interest-bearing deposits | 58,114,000 | 58,736,000 | 59,477,000 | 60,350,000 |
| Noninterest-bearing deposits | 5,072,000 | 4,893,000 | 7,443,000 | 7,255,000 |
| Equity capital | 10,937,000 | 11,165,000 | 11,194,000 | 11,005,000 |
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 | 780,000 | 1,706,000 | 2,576,000 | 3,441,000 |
| Interest expense | 59,000 | 131,000 | 207,000 | 277,000 |
| Net interest income | 721,000 | 1,575,000 | 2,369,000 | 3,164,000 |
| Noninterest income | 25,000 | 101,000 | 226,000 | 299,000 |
| Noninterest expense | 619,000 | 1,220,000 | 1,818,000 | 2,525,000 |
| Provision for loan losses | 248,000 | 320,000 | 453,000 | 485,000 |
| Pretax income | -113,000 | 169,000 | 394,000 | 523,000 |
| Income tax | 13,000 | 33,000 | 56,000 | 253,000 |
| Net income | -126,000 | 136,000 | 338,000 | 270,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,223,000 | 10,424,000 | 10,472,000 | 10,587,000 |
| Total capital | 10,937,000 | 11,206,000 | 11,263,000 | 11,362,000 |
| Risk-weighted assets | 57,059,000 | 62,489,000 | 63,097,000 | 61,971,000 |