Call reports 2018
ERGO BANK — 2018
What ERGO 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 | 80,011,000 | 82,414,000 | 86,217,000 | 86,784,000 |
| Total loans | 59,706,000 | 62,847,000 | 64,710,000 | 63,652,000 |
| Allowance for loan losses | 916,000 | 961,000 | 1,055,000 | 1,041,000 |
| Securities available for sale | 12,484,000 | 12,055,000 | 11,612,000 | 11,265,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,588,000 | 68,914,000 | 72,578,000 | 74,857,000 |
| Interest-bearing deposits | 62,176,000 | 63,817,000 | 65,872,000 | 68,606,000 |
| Noninterest-bearing deposits | 4,412,000 | 5,097,000 | 6,706,000 | 6,251,000 |
| Equity capital | 11,065,000 | 11,135,000 | 11,211,000 | 11,404,000 |
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 | 878,000 | 1,785,000 | 2,758,000 | 3,701,000 |
| Interest expense | 78,000 | 199,000 | 356,000 | 527,000 |
| Net interest income | 800,000 | 1,586,000 | 2,402,000 | 3,174,000 |
| Noninterest income | 78,000 | 138,000 | 213,000 | 295,000 |
| Noninterest expense | 670,000 | 1,339,000 | 1,961,000 | 2,617,000 |
| Provision for loan losses | 33,000 | 65,000 | 98,000 | 130,000 |
| Pretax income | 175,000 | 320,000 | 576,000 | 742,000 |
| Income tax | 9,000 | 14,000 | 25,000 | 36,000 |
| Net income | 166,000 | 306,000 | 551,000 | 706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,609,000 | 11,173,000 | 10,751,000 | 10,909,000 |
| Total capital | 11,411,000 | 12,016,000 | 11,628,000 | 11,770,000 |
| Risk-weighted assets | 64,000,000 | 67,182,000 | 69,831,000 | 68,704,000 |