Call reports 2018
HAPPEN BANK, NATIONAL ASSOCIATION — 2018
What HAPPEN BANK, NATIONAL ASSOCIATION 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 | 1,153,051,000 | 1,238,502,000 | 1,293,806,000 | 1,258,157,000 |
| Total loans | 851,912,000 | 889,531,000 | 941,707,000 | 941,765,000 |
| Allowance for loan losses | 6,569,000 | 7,048,000 | 6,908,000 | 7,561,000 |
| Securities available for sale | 175,778,000 | 196,986,000 | 206,980,000 | 218,145,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 970,763,000 | 1,006,762,000 | 1,118,747,000 | 1,095,960,000 |
| Interest-bearing deposits | 895,372,000 | 939,542,000 | 1,057,338,000 | 1,050,900,000 |
| Noninterest-bearing deposits | 75,390,000 | 67,220,000 | 61,409,000 | 45,060,000 |
| Equity capital | 105,968,000 | 111,757,000 | 111,795,000 | 115,610,000 |
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 | 11,073,000 | 23,124,000 | 35,770,000 | 49,215,000 |
| Interest expense | 1,823,000 | 4,123,000 | 6,888,000 | 10,002,000 |
| Net interest income | 9,250,000 | 19,001,000 | 28,882,000 | 39,213,000 |
| Noninterest income | 4,193,000 | 17,310,000 | 20,905,000 | 24,328,000 |
| Noninterest expense | 10,699,000 | 23,317,000 | 34,068,000 | 44,495,000 |
| Provision for loan losses | 912,000 | 2,612,000 | 3,505,000 | 4,306,000 |
| Pretax income | 1,832,000 | 10,382,000 | 12,214,000 | 13,765,000 |
| Income tax | 403,000 | 2,669,000 | 3,027,000 | 3,473,000 |
| Net income | 1,429,000 | 7,713,000 | 9,187,000 | 10,292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,110,000 | 112,714,000 | 114,326,000 | 115,759,000 |
| Total capital | 112,712,000 | 119,795,000 | 121,267,000 | 123,353,000 |
| Risk-weighted assets | 843,146,000 | 870,678,000 | 932,508,000 | 943,994,000 |