Call reports 2019
SPECTRA BANK — 2019
What SPECTRA 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 | 70,428,000 | 77,465,000 | 83,019,000 | 68,210,000 |
| Total loans | 47,530,000 | 48,594,000 | 55,147,000 | 51,992,000 |
| Allowance for loan losses | 606,000 | 622,000 | 1,471,000 | 1,471,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,127,000 | 3,129,000 | 1,965,000 | 1,966,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,519,000 | 68,618,000 | 76,139,000 | 58,862,000 |
| Interest-bearing deposits | 35,407,000 | 38,518,000 | 43,063,000 | 27,369,000 |
| Noninterest-bearing deposits | 27,112,000 | 30,100,000 | 33,076,000 | 31,493,000 |
| Equity capital | 7,097,000 | 7,985,000 | 5,959,000 | 5,908,000 |
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 | 791,000 | 1,639,000 | 2,743,000 | 3,518,000 |
| Interest expense | 126,000 | 289,000 | 473,000 | 582,000 |
| Net interest income | 665,000 | 1,350,000 | 2,270,000 | 2,936,000 |
| Noninterest income | 327,000 | 687,000 | 1,068,000 | 1,883,000 |
| Noninterest expense | 985,000 | 2,104,000 | 3,318,000 | 4,764,000 |
| Provision for loan losses | 16,000 | 32,000 | 2,208,000 | 2,208,000 |
| Pretax income | -9,000 | -99,000 | -2,188,000 | -2,153,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -9,000 | -99,000 | -2,188,000 | -2,153,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,097,000 | 7,985,000 | 5,959,000 | 5,824,000 |
| Total capital | 7,703,000 | 8,607,000 | 6,695,000 | 6,536,000 |
| Risk-weighted assets | 54,200,000 | 55,789,000 | 58,195,000 | 56,267,000 |