Call reports 2017
SPECTRA BANK — 2017
What SPECTRA 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 | 54,402,000 | 58,681,000 | 60,613,000 | 63,885,000 |
| Total loans | 33,230,000 | 31,444,000 | 33,709,000 | 35,725,000 |
| Allowance for loan losses | 468,000 | 490,000 | 490,000 | 490,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,111,000 | 3,113,000 | 3,115,000 | 3,117,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,735,000 | 51,849,000 | 53,582,000 | 56,569,000 |
| Interest-bearing deposits | 24,347,000 | 25,874,000 | 25,713,000 | 27,673,000 |
| Noninterest-bearing deposits | 23,388,000 | 25,975,000 | 27,869,000 | 28,896,000 |
| Equity capital | 5,690,000 | 5,858,000 | 6,018,000 | 6,421,000 |
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 | 483,000 | 986,000 | 1,516,000 | 2,076,000 |
| Interest expense | 31,000 | 69,000 | 113,000 | 154,000 |
| Net interest income | 452,000 | 917,000 | 1,403,000 | 1,922,000 |
| Noninterest income | 256,000 | 531,000 | 813,000 | 1,097,000 |
| Noninterest expense | 559,000 | 1,132,000 | 1,764,000 | 2,442,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 149,000 | 316,000 | 452,000 | 577,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 149,000 | 316,000 | 452,000 | 577,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,690,000 | 5,858,000 | 6,018,000 | 6,421,000 |
| Total capital | 6,158,000 | 6,323,000 | 6,508,000 | 6,911,000 |
| Risk-weighted assets | 38,693,000 | 37,232,000 | 40,793,000 | 43,014,000 |