Call reports 2017
FRIENDS BANK — 2017
What FRIENDS 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 | 106,345,000 | 97,512,000 | 99,864,000 | 96,511,000 |
| Total loans | 69,188,000 | 70,849,000 | 70,890,000 | 69,945,000 |
| Allowance for loan losses | 1,389,000 | 1,423,000 | 1,521,000 | 1,570,000 |
| Securities available for sale | 1,648,000 | 1,573,000 | 1,464,000 | 1,391,000 |
| Securities held to maturity | 445,000 | 421,000 | 390,000 | 358,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,555,000 | 88,627,000 | 90,833,000 | 87,183,000 |
| Interest-bearing deposits | 70,984,000 | 65,849,000 | 68,109,000 | 63,015,000 |
| Noninterest-bearing deposits | 26,571,000 | 22,778,000 | 22,724,000 | 24,168,000 |
| Equity capital | 8,565,000 | 8,668,000 | 8,839,000 | 9,181,000 |
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 | 943,000 | 2,011,000 | 2,996,000 | 3,962,000 |
| Interest expense | 70,000 | 134,000 | 195,000 | 262,000 |
| Net interest income | 873,000 | 1,877,000 | 2,801,000 | 3,700,000 |
| Noninterest income | 83,000 | -224,000 | -123,000 | -98,000 |
| Noninterest expense | 813,000 | 1,658,000 | 2,521,000 | 3,368,000 |
| Provision for loan losses | 0 | -248,000 | -248,000 | -248,000 |
| Pretax income | 143,000 | 243,000 | 405,000 | 482,000 |
| Income tax | 0 | 0 | 0 | -185,000 |
| Net income | 143,000 | 243,000 | 405,000 | 667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,322,000 | 8,422,000 | 8,595,000 | 8,652,000 |
| Total capital | 9,157,000 | 9,226,000 | 9,390,000 | 9,427,000 |
| Risk-weighted assets | 66,252,000 | 63,681,000 | 62,892,000 | 61,120,000 |