Call reports 2017
METHOD BANK — 2017
What METHOD 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 | 15,462,000 | 13,799,000 | 12,595,000 | 12,348,000 |
| Total loans | 5,909,000 | 5,922,000 | 6,564,000 | 6,160,000 |
| Allowance for loan losses | 110,000 | 113,000 | 122,000 | 127,000 |
| Securities available for sale | 4,659,000 | 4,545,000 | 4,101,000 | 3,751,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,804,000 | 12,053,000 | 10,829,000 | 10,673,000 |
| Interest-bearing deposits | 7,568,000 | 6,339,000 | 6,063,000 | 5,929,000 |
| Noninterest-bearing deposits | 6,236,000 | 5,714,000 | 4,766,000 | 4,744,000 |
| Equity capital | 1,149,000 | 1,241,000 | 1,250,000 | 1,166,000 |
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 | 167,000 | 332,000 | 493,000 | 654,000 |
| Interest expense | 15,000 | 27,000 | 41,000 | 54,000 |
| Net interest income | 152,000 | 305,000 | 452,000 | 600,000 |
| Noninterest income | 26,000 | 70,000 | 107,000 | 135,000 |
| Noninterest expense | 147,000 | 291,000 | 441,000 | 590,000 |
| Provision for loan losses | 3,000 | 8,000 | 17,000 | 24,000 |
| Pretax income | 28,000 | 79,000 | 126,000 | 146,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 28,000 | 79,000 | 126,000 | 146,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,116,000 | 1,168,000 | 1,214,000 | 1,194,000 |
| Total capital | 1,226,000 | 1,280,000 | 1,327,000 | 1,303,000 |
| Risk-weighted assets | 11,679,000 | 8,947,000 | 9,039,000 | 8,667,000 |