Call reports 2019
APPLIED BANK — 2019
What APPLIED BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 166,044,000 | 173,837,000 | 194,935,000 | 165,698,000 |
| Total loans | 62,507,000 | 62,937,000 | 62,319,000 | 57,264,000 |
| Allowance for loan losses | 370,000 | 378,000 | 370,000 | 338,000 |
| Securities available for sale | 0 | 0 | 0 | 724,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,912,000 | 130,698,000 | 150,601,000 | 124,516,000 |
| Interest-bearing deposits | 72,092,000 | 68,809,000 | 80,661,000 | 77,018,000 |
| Noninterest-bearing deposits | 51,820,000 | 61,889,000 | 69,940,000 | 47,498,000 |
| Equity capital | 41,433,000 | 42,328,000 | 43,202,000 | 40,373,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,775,000 | 3,510,000 | 5,222,000 | 7,041,000 |
| Interest expense | 21,000 | 43,000 | 69,000 | 95,000 |
| Net interest income | 1,754,000 | 3,467,000 | 5,153,000 | 6,946,000 |
| Noninterest income | 1,259,000 | 2,519,000 | 3,675,000 | 4,685,000 |
| Noninterest expense | 2,050,000 | 4,075,000 | 6,003,000 | 7,870,000 |
| Provision for loan losses | -9,000 | -2,000 | -7,000 | -39,000 |
| Pretax income | 960,000 | 1,901,000 | 2,820,000 | 3,788,000 |
| Income tax | 46,000 | 92,000 | 137,000 | 184,000 |
| Net income | 914,000 | 1,809,000 | 2,683,000 | 3,604,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,433,000 | 42,328,000 | 43,202,000 | 40,373,000 |
| Total capital | 41,807,000 | 42,712,000 | 43,579,000 | 40,717,000 |
| Risk-weighted assets | 67,950,000 | 72,877,000 | 71,545,000 | 65,226,000 |