Call reports 2017
SMARTBIZ BANK, N.A. — 2017
What SMARTBIZ BANK, N.A. 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 | 91,252,000 | 96,752,000 | 96,686,000 | 104,448,000 |
| Total loans | 71,925,000 | 74,901,000 | 75,040,000 | 77,591,000 |
| Allowance for loan losses | 896,000 | 914,000 | 936,000 | 988,000 |
| Securities available for sale | 4,423,000 | 6,680,000 | 6,244,000 | 9,573,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,223,000 | 86,815,000 | 86,382,000 | 93,582,000 |
| Interest-bearing deposits | 71,337,000 | 77,284,000 | 77,524,000 | 83,940,000 |
| Noninterest-bearing deposits | 9,886,000 | 9,531,000 | 8,858,000 | 9,642,000 |
| Equity capital | 8,755,000 | 9,052,000 | 9,291,000 | 9,579,000 |
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 | 995,000 | 2,103,000 | 3,265,000 | 4,495,000 |
| Interest expense | 149,000 | 325,000 | 532,000 | 771,000 |
| Net interest income | 846,000 | 1,778,000 | 2,733,000 | 3,724,000 |
| Noninterest income | 184,000 | 593,000 | 1,034,000 | 1,525,000 |
| Noninterest expense | 1,089,000 | 2,121,000 | 3,241,000 | 4,374,000 |
| Provision for loan losses | -80,000 | -68,000 | -47,000 | 0 |
| Pretax income | 21,000 | 318,000 | 573,000 | 875,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 21,000 | 318,000 | 573,000 | 875,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,760,000 | 9,057,000 | 9,313,000 | 9,614,000 |
| Total capital | 9,656,000 | 9,971,000 | 10,249,000 | 10,602,000 |
| Risk-weighted assets | 73,992,000 | 77,807,000 | 80,285,000 | 85,121,000 |