Call reports 2019
NEW FRONTIER BANK — 2019
What NEW FRONTIER 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 | 86,886,000 | 86,993,000 | 97,483,000 | 103,624,000 |
| Total loans | 59,463,000 | 61,418,000 | 63,689,000 | 71,131,000 |
| Allowance for loan losses | 703,000 | 1,048,000 | 1,048,000 | 1,052,000 |
| Securities available for sale | 11,656,000 | 13,215,000 | 12,564,000 | 18,202,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,071,000 | 77,847,000 | 87,694,000 | 93,961,000 |
| Interest-bearing deposits | 59,318,000 | 58,793,000 | 67,224,000 | 74,079,000 |
| Noninterest-bearing deposits | 18,753,000 | 19,054,000 | 20,470,000 | 19,882,000 |
| Equity capital | 8,558,000 | 8,855,000 | 9,422,000 | 9,505,000 |
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 | 931,000 | 2,131,000 | 3,136,000 | 4,192,000 |
| Interest expense | 97,000 | 213,000 | 372,000 | 601,000 |
| Net interest income | 834,000 | 1,918,000 | 2,764,000 | 3,591,000 |
| Noninterest income | 66,000 | 151,000 | 617,000 | 682,000 |
| Noninterest expense | 724,000 | 1,461,000 | 2,218,000 | 2,925,000 |
| Provision for loan losses | 132,000 | 471,000 | 471,000 | 471,000 |
| Pretax income | 44,000 | 137,000 | 779,000 | 964,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 44,000 | 137,000 | 779,000 | 964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,739,000 | 7,847,000 | 8,505,000 | 8,705,000 |
| Total capital | 8,442,000 | 8,776,000 | 9,509,000 | 9,757,000 |
| Risk-weighted assets | 70,682,000 | 74,237,000 | 80,238,000 | 89,214,000 |