Call reports 2018
FORBRIGHT BANK — 2018
What FORBRIGHT 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 | 964,113,000 | 994,304,000 | 1,020,796,000 | 949,720,000 |
| Total loans | 774,354,000 | 850,841,000 | 802,823,000 | 812,573,000 |
| Allowance for loan losses | 6,670,000 | 6,392,000 | 6,181,000 | 5,515,000 |
| Securities available for sale | 30,135,000 | 28,858,000 | 27,276,000 | 28,434,000 |
| Securities held to maturity | 7,502,000 | 7,502,000 | 7,502,000 | 7,502,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 819,053,000 | 844,176,000 | 867,848,000 | 797,395,000 |
| Interest-bearing deposits | 625,833,000 | 614,286,000 | 659,041,000 | 561,664,000 |
| Noninterest-bearing deposits | 193,220,000 | 229,890,000 | 208,807,000 | 235,731,000 |
| Equity capital | 124,737,000 | 128,995,000 | 133,162,000 | 137,110,000 |
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 | 12,907,000 | 26,575,000 | 42,010,000 | 58,193,000 |
| Interest expense | 1,510,000 | 3,089,000 | 5,426,000 | 7,817,000 |
| Net interest income | 11,397,000 | 23,486,000 | 36,584,000 | 50,376,000 |
| Noninterest income | 8,863,000 | 19,234,000 | 26,939,000 | 33,103,000 |
| Noninterest expense | 15,476,000 | 32,049,000 | 47,042,000 | 62,032,000 |
| Provision for loan losses | -102,000 | -54,000 | 62,000 | -224,000 |
| Pretax income | 4,886,000 | 10,725,000 | 16,419,000 | 21,671,000 |
| Income tax | 1,296,000 | 2,842,000 | 4,356,000 | 5,749,000 |
| Net income | 3,590,000 | 7,883,000 | 12,063,000 | 15,922,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,466,000 | 97,762,000 | 102,158,000 | 107,162,000 |
| Total capital | 100,303,000 | 104,377,000 | 108,568,000 | 112,900,000 |
| Risk-weighted assets | 794,268,000 | 850,866,000 | 831,717,000 | 833,486,000 |