Call reports 2018
BANK OF PROTECTION, THE — 2018
What BANK OF PROTECTION, THE 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 | 66,042,000 | 69,815,000 | 67,391,000 | 69,874,000 |
| Total loans | 45,062,000 | 46,662,000 | 45,923,000 | 47,571,000 |
| Allowance for loan losses | 557,000 | 557,000 | 553,000 | 589,000 |
| Securities available for sale | 9,528,000 | 9,836,000 | 9,535,000 | 10,288,000 |
| Securities held to maturity | 100,000 | 100,000 | 100,000 | 100,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,872,000 | 50,861,000 | 53,030,000 | 54,553,000 |
| Interest-bearing deposits | 39,550,000 | 39,947,000 | 42,659,000 | 43,505,000 |
| Noninterest-bearing deposits | 10,321,000 | 10,914,000 | 10,371,000 | 11,048,000 |
| Equity capital | 8,775,000 | 8,997,000 | 9,156,000 | 9,464,000 |
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 | 669,000 | 1,372,000 | 2,120,000 | 2,893,000 |
| Interest expense | 83,000 | 182,000 | 315,000 | 446,000 |
| Net interest income | 586,000 | 1,190,000 | 1,805,000 | 2,447,000 |
| Noninterest income | 50,000 | 93,000 | 145,000 | 199,000 |
| Noninterest expense | 431,000 | 839,000 | 1,238,000 | 1,631,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 205,000 | 442,000 | 702,000 | 949,000 |
| Income tax | 39,000 | 87,000 | 137,000 | 186,000 |
| Net income | 166,000 | 355,000 | 565,000 | 763,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,029,000 | 9,218,000 | 9,427,000 | 9,625,000 |
| Total capital | 9,586,000 | 9,775,000 | 9,980,000 | 10,214,000 |
| Risk-weighted assets | 53,573,000 | 55,255,000 | 55,135,000 | 56,096,000 |