Call reports 2017
STATE EXCHANGE BANK, THE — 2017
What STATE EXCHANGE BANK, THE 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 | 60,018,000 | 60,059,000 | 63,423,000 | 64,507,000 |
| Total loans | 51,091,000 | 52,601,000 | 53,461,000 | 55,905,000 |
| Allowance for loan losses | 1,286,000 | 1,359,000 | 1,341,000 | 1,300,000 |
| Securities available for sale | 3,773,000 | 3,454,000 | 3,148,000 | 2,851,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,123,000 | 50,603,000 | 54,005,000 | 54,035,000 |
| Interest-bearing deposits | 37,970,000 | 39,466,000 | 42,630,000 | 42,410,000 |
| Noninterest-bearing deposits | 13,153,000 | 11,137,000 | 11,375,000 | 11,626,000 |
| Equity capital | 6,686,000 | 7,207,000 | 7,133,000 | 7,419,000 |
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 | 764,000 | 1,611,000 | 2,466,000 | 3,283,000 |
| Interest expense | 92,000 | 200,000 | 326,000 | 464,000 |
| Net interest income | 672,000 | 1,411,000 | 2,140,000 | 2,819,000 |
| Noninterest income | 19,000 | 154,000 | 171,000 | 188,000 |
| Noninterest expense | 391,000 | 771,000 | 1,189,000 | 1,574,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 300,000 | 799,000 | 1,127,000 | 1,439,000 |
| Income tax | 49,000 | 49,000 | 49,000 | 49,000 |
| Net income | 251,000 | 750,000 | 1,078,000 | 1,390,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,683,000 | 7,182,000 | 7,109,000 | 7,422,000 |
| Total capital | 7,321,000 | 7,860,000 | 7,805,000 | 8,164,000 |
| Risk-weighted assets | 50,414,000 | 53,599,000 | 55,029,000 | 58,775,000 |