Call reports 2017
HAPPEN BANK, NATIONAL ASSOCIATION — 2017
What HAPPEN BANK, NATIONAL ASSOCIATION 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 | 972,986,000 | 1,024,051,000 | 1,102,872,000 | 1,142,656,000 |
| Total loans | 828,213,000 | 855,008,000 | 820,624,000 | 795,510,000 |
| Allowance for loan losses | 3,289,000 | 4,811,000 | 6,945,000 | 6,595,000 |
| Securities available for sale | 75,065,000 | 79,199,000 | 108,500,000 | 144,870,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 784,230,000 | 855,449,000 | 918,878,000 | 954,366,000 |
| Interest-bearing deposits | 721,851,000 | 775,896,000 | 854,140,000 | 879,566,000 |
| Noninterest-bearing deposits | 62,379,000 | 79,553,000 | 64,738,000 | 74,800,000 |
| Equity capital | 91,800,000 | 92,600,000 | 106,113,000 | 106,787,000 |
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 | 9,343,000 | 19,716,000 | 30,779,000 | 41,071,000 |
| Interest expense | 1,360,000 | 2,841,000 | 4,443,000 | 6,177,000 |
| Net interest income | 7,983,000 | 16,875,000 | 26,336,000 | 34,894,000 |
| Noninterest income | 2,026,000 | 4,073,000 | 8,439,000 | 14,215,000 |
| Noninterest expense | 8,282,000 | 16,750,000 | 26,131,000 | 36,577,000 |
| Provision for loan losses | 520,000 | 2,042,000 | 7,118,000 | 7,973,000 |
| Pretax income | 1,207,000 | 2,156,000 | 1,526,000 | 4,559,000 |
| Income tax | 396,000 | 691,000 | 445,000 | 2,600,000 |
| Net income | 811,000 | 1,465,000 | 1,081,000 | 1,959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 89,929,000 | 90,666,000 | 104,271,000 | 105,381,000 |
| Total capital | 93,246,000 | 95,505,000 | 111,249,000 | 112,009,000 |
| Risk-weighted assets | 769,690,000 | 810,819,000 | 778,600,000 | 755,239,000 |