Call reports 2018
FRIENDS BANK — 2018
What FRIENDS 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 | 97,043,000 | 98,239,000 | 98,752,000 | 95,299,000 |
| Total loans | 72,480,000 | 71,929,000 | 72,275,000 | 72,518,000 |
| Allowance for loan losses | 1,572,000 | 1,573,000 | 1,335,000 | 1,444,000 |
| Securities available for sale | 1,281,000 | 1,205,000 | 1,130,000 | 1,112,000 |
| Securities held to maturity | 333,000 | 307,000 | 279,000 | 255,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,535,000 | 88,628,000 | 88,689,000 | 84,818,000 |
| Interest-bearing deposits | 62,364,000 | 61,609,000 | 64,102,000 | 62,701,000 |
| Noninterest-bearing deposits | 25,171,000 | 27,019,000 | 24,587,000 | 22,117,000 |
| Equity capital | 9,287,000 | 9,422,000 | 9,821,000 | 10,325,000 |
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 | 941,000 | 1,951,000 | 2,971,000 | 4,026,000 |
| Interest expense | 81,000 | 168,000 | 278,000 | 408,000 |
| Net interest income | 860,000 | 1,783,000 | 2,693,000 | 3,618,000 |
| Noninterest income | 50,000 | 111,000 | 170,000 | 218,000 |
| Noninterest expense | 801,000 | 1,550,000 | 2,373,000 | 3,186,000 |
| Provision for loan losses | 0 | 0 | -250,000 | -250,000 |
| Pretax income | 109,000 | 344,000 | 740,000 | 900,000 |
| Income tax | 0 | 0 | 0 | -325,000 |
| Net income | 109,000 | 344,000 | 740,000 | 1,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,764,000 | 8,903,000 | 9,310,000 | 9,418,000 |
| Total capital | 9,570,000 | 9,702,000 | 10,108,000 | 10,215,000 |
| Risk-weighted assets | 63,787,000 | 63,178,000 | 63,339,000 | 63,118,000 |