Call reports 2017
FORWARD BANK — 2017
What FORWARD BANK 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 | 396,848,000 | 404,971,000 | 410,862,000 | 440,717,000 |
| Total loans | 306,587,000 | 310,337,000 | 308,004,000 | 333,341,000 |
| Allowance for loan losses | 3,192,000 | 3,296,000 | 3,385,000 | 3,252,000 |
| Securities available for sale | 17,132,000 | 26,993,000 | 30,134,000 | 31,569,000 |
| Securities held to maturity | 305,000 | 305,000 | 305,000 | 305,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 329,953,000 | 326,226,000 | 332,466,000 | 328,456,000 |
| Interest-bearing deposits | 254,010,000 | 251,242,000 | 250,453,000 | 241,878,000 |
| Noninterest-bearing deposits | 75,943,000 | 74,984,000 | 82,013,000 | 86,578,000 |
| Equity capital | 39,038,000 | 49,628,000 | 50,174,000 | 50,602,000 |
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 | 3,651,000 | 7,555,000 | 11,496,000 | 15,548,000 |
| Interest expense | 441,000 | 929,000 | 1,419,000 | 1,957,000 |
| Net interest income | 3,210,000 | 6,626,000 | 10,077,000 | 13,591,000 |
| Noninterest income | 978,000 | 1,831,000 | 2,723,000 | 3,642,000 |
| Noninterest expense | 3,175,000 | 6,866,000 | 10,113,000 | 13,449,000 |
| Provision for loan losses | 105,000 | 210,000 | 315,000 | 295,000 |
| Pretax income | 908,000 | 1,381,000 | 2,372,000 | 3,489,000 |
| Income tax | 317,000 | 445,000 | 767,000 | 1,322,000 |
| Net income | 591,000 | 936,000 | 1,605,000 | 2,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,841,000 | 44,256,000 | 44,892,000 | 45,322,000 |
| Total capital | 37,033,000 | 47,552,000 | 48,277,000 | 48,574,000 |
| Risk-weighted assets | 323,844,000 | 328,892,000 | 332,502,000 | 361,840,000 |