Call reports 2018
SPECTRA BANK — 2018
What SPECTRA 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 | 62,446,000 | 70,332,000 | 63,617,000 | 70,302,000 |
| Total loans | 38,454,000 | 39,947,000 | 47,405,000 | 49,600,000 |
| Allowance for loan losses | 490,000 | 490,000 | 490,000 | 590,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,119,000 | 3,121,000 | 3,123,000 | 3,125,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,281,000 | 62,250,000 | 55,338,000 | 62,292,000 |
| Interest-bearing deposits | 27,108,000 | 32,824,000 | 28,722,000 | 33,424,000 |
| Noninterest-bearing deposits | 27,173,000 | 29,426,000 | 26,616,000 | 28,868,000 |
| Equity capital | 7,256,000 | 7,143,000 | 7,301,000 | 7,279,000 |
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 | 624,000 | 1,314,000 | 2,110,000 | 2,923,000 |
| Interest expense | 59,000 | 147,000 | 242,000 | 341,000 |
| Net interest income | 565,000 | 1,167,000 | 1,868,000 | 2,582,000 |
| Noninterest income | 271,000 | 581,000 | 907,000 | 1,191,000 |
| Noninterest expense | 749,000 | 1,547,000 | 2,368,000 | 3,292,000 |
| Provision for loan losses | 0 | 0 | 0 | 100,000 |
| Pretax income | 87,000 | 201,000 | 407,000 | 381,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 87,000 | 201,000 | 407,000 | 381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,256,000 | 7,143,000 | 7,301,000 | 7,279,000 |
| Total capital | 7,746,000 | 7,633,000 | 7,791,000 | 7,869,000 |
| Risk-weighted assets | 44,770,000 | 47,543,000 | 54,406,000 | 56,482,000 |