Call reports 2017
ATLANTIC COMMUNITY BANK — 2017
What ATLANTIC COMMUNITY 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 | 86,313,000 | 86,684,000 | 91,983,000 | 85,094,000 |
| Total loans | 67,387,000 | 61,629,000 | 63,394,000 | 63,774,000 |
| Allowance for loan losses | 756,000 | 672,000 | 693,000 | 781,000 |
| Securities available for sale | 639,000 | 639,000 | 589,000 | 588,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,829,000 | 76,041,000 | 81,200,000 | 75,013,000 |
| Interest-bearing deposits | 39,110,000 | 37,521,000 | 35,904,000 | 33,702,000 |
| Noninterest-bearing deposits | 36,719,000 | 38,520,000 | 45,296,000 | 41,311,000 |
| Equity capital | 10,329,000 | 10,448,000 | 10,589,000 | 9,937,000 |
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 | 866,000 | 1,722,000 | 2,597,000 | 3,483,000 |
| Interest expense | 38,000 | 70,000 | 103,000 | 132,000 |
| Net interest income | 828,000 | 1,652,000 | 2,494,000 | 3,351,000 |
| Noninterest income | 102,000 | 235,000 | 339,000 | 433,000 |
| Noninterest expense | 718,000 | 1,484,000 | 2,208,000 | 2,949,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 25,000 |
| Pretax income | 187,000 | 378,000 | 600,000 | 810,000 |
| Income tax | 68,000 | 140,000 | 219,000 | 1,079,000 |
| Net income | 119,000 | 238,000 | 381,000 | -269,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,064,000 | 8,183,000 | 8,326,000 | 8,730,000 |
| Total capital | 8,813,000 | 8,855,000 | 9,019,000 | 9,423,000 |
| Risk-weighted assets | 59,461,000 | 54,621,000 | 56,295,000 | 55,108,000 |