Call reports 2018
FORWARD BANK — 2018
What FORWARD BANK 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 | 440,619,000 | 443,331,000 | 452,876,000 | 459,448,000 |
| Total loans | 334,357,000 | 337,537,000 | 349,351,000 | 358,844,000 |
| Allowance for loan losses | 3,403,000 | 3,548,000 | 3,761,000 | 3,736,000 |
| Securities available for sale | 30,735,000 | 30,027,000 | 29,518,000 | 24,729,000 |
| Securities held to maturity | 305,000 | 305,000 | 305,000 | 305,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 338,321,000 | 343,567,000 | 349,142,000 | 362,066,000 |
| Interest-bearing deposits | 260,912,000 | 262,139,000 | 261,054,000 | 263,832,000 |
| Noninterest-bearing deposits | 77,409,000 | 81,428,000 | 88,088,000 | 98,234,000 |
| Equity capital | 50,430,000 | 50,892,000 | 51,132,000 | 51,893,000 |
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 | 4,156,000 | 8,454,000 | 13,001,000 | 17,800,000 |
| Interest expense | 680,000 | 1,395,000 | 2,189,000 | 3,040,000 |
| Net interest income | 3,476,000 | 7,059,000 | 10,812,000 | 14,760,000 |
| Noninterest income | 699,000 | 1,768,000 | 2,769,000 | 4,278,000 |
| Noninterest expense | 3,510,000 | 7,131,000 | 10,796,000 | 15,567,000 |
| Provision for loan losses | 150,000 | 300,000 | 516,000 | 495,000 |
| Pretax income | 515,000 | 1,396,000 | 2,269,000 | 2,864,000 |
| Income tax | 87,000 | 274,000 | 458,000 | 587,000 |
| Net income | 428,000 | 1,122,000 | 1,811,000 | 2,277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,381,000 | 45,961,000 | 46,516,000 | 46,968,000 |
| Total capital | 48,784,000 | 49,509,000 | 50,277,000 | 50,704,000 |
| Risk-weighted assets | 365,262,000 | 367,663,000 | 372,894,000 | 381,215,000 |