Call reports 2019
FORWARD BANK — 2019
What FORWARD BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 450,893,000 | 581,588,000 | 593,223,000 | 593,817,000 |
| Total loans | 356,209,000 | 442,227,000 | 441,242,000 | 447,093,000 |
| Allowance for loan losses | 3,901,000 | 4,064,000 | 4,217,000 | 4,250,000 |
| Securities available for sale | 25,156,000 | 46,185,000 | 45,496,000 | 54,741,000 |
| Securities held to maturity | 305,000 | 305,000 | 305,000 | 305,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 367,945,000 | 495,059,000 | 512,169,000 | 512,414,000 |
| Interest-bearing deposits | 277,019,000 | 388,885,000 | 397,156,000 | 395,335,000 |
| Noninterest-bearing deposits | 90,926,000 | 106,174,000 | 115,013,000 | 117,079,000 |
| Equity capital | 52,819,000 | 60,545,000 | 61,748,000 | 62,121,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,862,000 | 10,700,000 | 17,161,000 | 23,576,000 |
| Interest expense | 889,000 | 1,937,000 | 3,133,000 | 4,268,000 |
| Net interest income | 3,973,000 | 8,763,000 | 14,028,000 | 19,308,000 |
| Noninterest income | 1,013,000 | 2,130,000 | 3,369,000 | 4,639,000 |
| Noninterest expense | 4,073,000 | 9,020,000 | 13,808,000 | 19,221,000 |
| Provision for loan losses | 165,000 | 330,000 | 495,000 | 606,000 |
| Pretax income | 748,000 | 1,628,000 | 3,195,000 | 4,208,000 |
| Income tax | 151,000 | 344,000 | 716,000 | 925,000 |
| Net income | 597,000 | 1,284,000 | 2,479,000 | 3,283,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,549,000 | 46,692,000 | 47,657,000 | 48,328,000 |
| Total capital | 51,450,000 | 50,756,000 | 51,874,000 | 52,578,000 |
| Risk-weighted assets | 378,976,000 | 456,221,000 | 459,497,000 | 465,576,000 |