Call reports 2018
SMARTBIZ BANK, N.A. — 2018
What SMARTBIZ BANK, N.A. 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 | 109,617,000 | 119,922,000 | 123,484,000 | 123,580,000 |
| Total loans | 81,296,000 | 91,563,000 | 88,847,000 | 94,076,000 |
| Allowance for loan losses | 1,012,000 | 1,101,000 | 1,139,000 | 1,194,000 |
| Securities available for sale | 11,545,000 | 11,081,000 | 13,395,000 | 12,999,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,771,000 | 103,478,000 | 108,511,000 | 107,204,000 |
| Interest-bearing deposits | 86,606,000 | 91,665,000 | 95,423,000 | 93,844,000 |
| Noninterest-bearing deposits | 12,165,000 | 11,812,000 | 13,089,000 | 13,360,000 |
| Equity capital | 9,515,000 | 9,658,000 | 9,859,000 | 11,070,000 |
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 | 1,301,000 | 2,725,000 | 4,326,000 | 5,974,000 |
| Interest expense | 263,000 | 584,000 | 1,002,000 | 1,463,000 |
| Net interest income | 1,038,000 | 2,141,000 | 3,324,000 | 4,511,000 |
| Noninterest income | 239,000 | 606,000 | 980,000 | 1,658,000 |
| Noninterest expense | 1,237,000 | 2,497,000 | 3,812,000 | 5,239,000 |
| Provision for loan losses | 20,000 | 52,000 | 88,000 | 135,000 |
| Pretax income | 20,000 | 198,000 | 404,000 | 795,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 20,000 | 198,000 | 404,000 | 795,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,634,000 | 9,813,000 | 10,018,000 | 11,159,000 |
| Total capital | 10,645,000 | 10,914,000 | 11,157,000 | 12,353,000 |
| Risk-weighted assets | 87,108,000 | 94,327,000 | 96,606,000 | 100,503,000 |