Call reports 2019
FORBRIGHT BANK — 2019
What FORBRIGHT BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,067,875,000 | 1,076,167,000 | 1,102,140,000 | 1,111,391,000 |
| Total loans | 921,427,000 | 882,098,000 | 827,179,000 | 820,877,000 |
| Allowance for loan losses | 5,546,000 | 7,966,000 | 8,719,000 | 7,063,000 |
| Securities available for sale | 27,246,000 | 26,426,000 | 25,355,000 | 20,937,000 |
| Securities held to maturity | 7,502,000 | 7,502,000 | 7,501,000 | 7,501,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 877,588,000 | 922,547,000 | 945,569,000 | 925,967,000 |
| Interest-bearing deposits | 625,908,000 | 662,983,000 | 677,743,000 | 668,094,000 |
| Noninterest-bearing deposits | 251,680,000 | 259,564,000 | 267,826,000 | 257,873,000 |
| Equity capital | 140,708,000 | 141,334,000 | 144,229,000 | 170,914,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 15,634,000 | 31,850,000 | 47,870,000 | 63,421,000 |
| Interest expense | 2,813,000 | 6,089,000 | 9,254,000 | 12,408,000 |
| Net interest income | 12,821,000 | 25,761,000 | 38,616,000 | 51,013,000 |
| Noninterest income | 5,706,000 | 10,591,000 | 14,998,000 | 19,521,000 |
| Noninterest expense | 13,806,000 | 28,422,000 | 41,423,000 | 55,551,000 |
| Provision for loan losses | 66,000 | 2,698,000 | 3,736,000 | 4,470,000 |
| Pretax income | 4,655,000 | 5,232,000 | 8,455,000 | 10,400,000 |
| Income tax | 1,274,000 | 1,432,000 | 2,314,000 | 2,846,000 |
| Net income | 3,381,000 | 3,800,000 | 6,141,000 | 7,554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,813,000 | 111,460,000 | 114,557,000 | 141,410,000 |
| Total capital | 116,620,000 | 119,703,000 | 123,607,000 | 148,785,000 |
| Risk-weighted assets | 937,333,000 | 928,432,000 | 898,951,000 | 893,785,000 |