Call reports 2017
FORBRIGHT BANK — 2017
What FORBRIGHT 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 | 855,559,000 | 885,747,000 | 882,409,000 | 955,028,000 |
| Total loans | 645,582,000 | 688,739,000 | 735,213,000 | 736,958,000 |
| Allowance for loan losses | 6,608,000 | 7,190,000 | 7,253,000 | 7,069,000 |
| Securities available for sale | 47,437,000 | 46,404,000 | 40,810,000 | 31,752,000 |
| Securities held to maturity | 4,000 | 4,000 | 7,504,000 | 7,503,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 719,991,000 | 750,723,000 | 752,793,000 | 825,549,000 |
| Interest-bearing deposits | 529,208,000 | 560,459,000 | 576,164,000 | 643,862,000 |
| Noninterest-bearing deposits | 190,784,000 | 190,264,000 | 176,628,000 | 181,687,000 |
| Equity capital | 102,782,000 | 106,165,000 | 109,582,000 | 110,798,000 |
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 | 10,326,000 | 21,323,000 | 32,937,000 | 45,171,000 |
| Interest expense | 991,000 | 2,069,000 | 3,209,000 | 4,622,000 |
| Net interest income | 9,335,000 | 19,254,000 | 29,728,000 | 40,549,000 |
| Noninterest income | 5,521,000 | 12,417,000 | 20,358,000 | 25,606,000 |
| Noninterest expense | 10,252,000 | 20,806,000 | 32,796,000 | 43,586,000 |
| Provision for loan losses | 277,000 | 1,256,000 | 2,045,000 | 2,544,000 |
| Pretax income | 4,327,000 | 9,609,000 | 15,284,000 | 20,025,000 |
| Income tax | 1,710,000 | 3,798,000 | 6,042,000 | 9,357,000 |
| Net income | 2,617,000 | 5,811,000 | 9,242,000 | 10,668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 98,333,000 | 101,545,000 | 104,995,000 | 106,321,000 |
| Total capital | 105,134,000 | 108,931,000 | 112,436,000 | 113,600,000 |
| Risk-weighted assets | 609,303,000 | 677,675,000 | 737,439,000 | 774,040,000 |