Call reports 2015
FORWARD BANK — 2015
What FORWARD BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 337,073,000 | 354,538,000 | 366,349,000 | 373,345,000 |
| Total loans | 268,558,000 | 275,964,000 | 282,474,000 | 291,761,000 |
| Allowance for loan losses | 3,008,000 | 3,099,000 | 3,055,000 | 3,012,000 |
| Securities available for sale | 9,146,000 | 9,442,000 | 9,679,000 | 11,908,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 257,765,000 | 264,888,000 | 276,646,000 | 285,429,000 |
| Interest-bearing deposits | 189,557,000 | 200,485,000 | 206,200,000 | 208,821,000 |
| Noninterest-bearing deposits | 68,208,000 | 64,403,000 | 70,446,000 | 76,608,000 |
| Equity capital | 35,148,000 | 35,446,000 | 36,191,000 | 36,297,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 3,244,000 | 6,464,000 | 9,849,000 | 13,365,000 |
| Interest expense | 320,000 | 673,000 | 1,035,000 | 1,408,000 |
| Net interest income | 2,924,000 | 5,791,000 | 8,814,000 | 11,957,000 |
| Noninterest income | 825,000 | 1,621,000 | 2,658,000 | 3,489,000 |
| Noninterest expense | 2,770,000 | 5,827,000 | 8,695,000 | 12,388,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 243,000 |
| Pretax income | 889,000 | 1,405,000 | 2,507,000 | 2,852,000 |
| Income tax | 314,000 | 484,000 | 873,000 | 1,083,000 |
| Net income | 575,000 | 921,000 | 1,634,000 | 1,769,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,636,000 | 30,822,000 | 31,557,000 | 31,669,000 |
| Total capital | 33,644,000 | 33,921,000 | 34,612,000 | 34,681,000 |
| Risk-weighted assets | 282,827,000 | 291,877,000 | 299,520,000 | 308,191,000 |