Call reports 2018
APPLIED BANK — 2018
What APPLIED BANK 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 | 178,536,000 | 174,921,000 | 174,466,000 | 177,276,000 |
| Total loans | 60,441,000 | 59,242,000 | 53,167,000 | 64,068,000 |
| Allowance for loan losses | 376,000 | 362,000 | 323,000 | 382,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,733,000 | 131,759,000 | 129,512,000 | 136,021,000 |
| Interest-bearing deposits | 62,017,000 | 68,819,000 | 67,672,000 | 73,990,000 |
| Noninterest-bearing deposits | 74,716,000 | 62,940,000 | 61,840,000 | 62,031,000 |
| Equity capital | 41,203,000 | 42,532,000 | 44,371,000 | 40,519,000 |
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 | 1,852,000 | 3,947,000 | 6,550,000 | 8,749,000 |
| Interest expense | 24,000 | 52,000 | 87,000 | 120,000 |
| Net interest income | 1,828,000 | 3,895,000 | 6,463,000 | 8,629,000 |
| Noninterest income | 1,109,000 | 2,313,000 | 3,504,000 | 4,478,000 |
| Noninterest expense | 1,879,000 | 3,773,000 | 5,634,000 | 7,508,000 |
| Provision for loan losses | -22,000 | -36,000 | -75,000 | -15,000 |
| Pretax income | 1,080,000 | 2,471,000 | 4,408,000 | 5,614,000 |
| Income tax | 53,000 | 116,000 | 213,000 | 271,000 |
| Net income | 1,027,000 | 2,355,000 | 4,195,000 | 5,343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,203,000 | 42,532,000 | 44,371,000 | 40,519,000 |
| Total capital | 41,591,000 | 42,902,000 | 44,700,000 | 40,905,000 |
| Risk-weighted assets | 65,701,000 | 61,709,000 | 58,648,000 | 69,922,000 |