Call reports 2017
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2017
What ARMED FORCES 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 | 1,096,471,000 | 1,070,088,000 | 1,072,382,000 | 1,069,790,000 |
| Total loans | 635,536,000 | 618,787,000 | 678,898,000 | 665,121,000 |
| Allowance for loan losses | 13,018,000 | 12,700,000 | 13,062,000 | 12,242,000 |
| Securities available for sale | 255,197,000 | 242,123,000 | 226,678,000 | 216,782,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 876,474,000 | 852,682,000 | 857,034,000 | 861,187,000 |
| Interest-bearing deposits | 626,417,000 | 613,362,000 | 614,901,000 | 623,805,000 |
| Noninterest-bearing deposits | 250,057,000 | 239,320,000 | 242,133,000 | 237,382,000 |
| Equity capital | 209,682,000 | 207,283,000 | 205,846,000 | 198,537,000 |
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 | 8,084,000 | 16,280,000 | 26,289,000 | 34,933,000 |
| Interest expense | 367,000 | 724,000 | 1,099,000 | 1,525,000 |
| Net interest income | 7,717,000 | 15,556,000 | 25,190,000 | 33,408,000 |
| Noninterest income | 13,034,000 | 23,602,000 | 35,935,000 | 47,315,000 |
| Noninterest expense | 16,168,000 | 31,827,000 | 46,630,000 | 61,847,000 |
| Provision for loan losses | 300,000 | 300,000 | 800,000 | 300,000 |
| Pretax income | 4,283,000 | 7,031,000 | 13,695,000 | 18,576,000 |
| Income tax | 1,700,000 | 2,804,000 | 5,439,000 | 11,827,000 |
| Net income | 2,583,000 | 4,227,000 | 8,256,000 | 6,749,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 182,579,000 | 178,999,000 | 179,543,000 | 178,113,000 |
| Total capital | 192,089,000 | 187,965,000 | 189,186,000 | 187,528,000 |
| Risk-weighted assets | 753,373,000 | 709,127,000 | 763,712,000 | 747,724,000 |