Call reports 2017
ATLANTIC STEWARDSHIP BANK — 2017
What ATLANTIC STEWARDSHIP 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 | 842,184,000 | 909,396,000 | 906,544,000 | 924,659,000 |
| Total loans | 654,630,000 | 692,158,000 | 692,219,000 | 711,692,000 |
| Allowance for loan losses | 8,246,000 | 8,550,000 | 8,614,000 | 8,762,000 |
| Securities available for sale | 93,641,000 | 112,253,000 | 111,734,000 | 109,044,000 |
| Securities held to maturity | 52,805,000 | 52,091,000 | 53,323,000 | 52,443,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 701,570,000 | 721,610,000 | 741,435,000 | 764,579,000 |
| Interest-bearing deposits | 670,743,000 | 688,318,000 | 713,498,000 | 730,400,000 |
| Noninterest-bearing deposits | 30,827,000 | 33,292,000 | 27,937,000 | 34,179,000 |
| Equity capital | 72,158,000 | 90,534,000 | 91,907,000 | 91,689,000 |
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 | 7,429,000 | 15,364,000 | 23,757,000 | 32,214,000 |
| Interest expense | 876,000 | 1,914,000 | 3,117,000 | 4,366,000 |
| Net interest income | 6,553,000 | 13,450,000 | 20,640,000 | 27,848,000 |
| Noninterest income | 783,000 | 1,582,000 | 2,408,000 | 3,237,000 |
| Noninterest expense | 5,038,000 | 10,017,000 | 14,972,000 | 19,947,000 |
| Provision for loan losses | 300,000 | 560,000 | 580,000 | 655,000 |
| Pretax income | 1,998,000 | 4,455,000 | 7,496,000 | 10,483,000 |
| Income tax | 721,000 | 1,610,000 | 2,728,000 | 5,373,000 |
| Net income | 1,277,000 | 2,845,000 | 4,768,000 | 5,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,785,000 | 90,971,000 | 92,204,000 | 92,824,000 |
| Total capital | 81,031,000 | 99,521,000 | 100,818,000 | 101,586,000 |
| Risk-weighted assets | 700,024,000 | 742,663,000 | 743,880,000 | 758,067,000 |