Call reports 2018
METHOD BANK — 2018
What METHOD 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 | 12,657,000 | 12,391,000 | 12,249,000 | 12,464,000 |
| Total loans | 6,167,000 | 6,392,000 | 6,270,000 | 6,330,000 |
| Allowance for loan losses | 116,000 | 118,000 | 120,000 | 102,000 |
| Securities available for sale | 3,615,000 | 3,566,000 | 3,005,000 | 2,733,000 |
| Securities held to maturity | 200,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,073,000 | 10,807,000 | 10,642,000 | 10,878,000 |
| Interest-bearing deposits | 6,913,000 | 6,390,000 | 6,128,000 | 6,285,000 |
| Noninterest-bearing deposits | 4,160,000 | 4,417,000 | 4,514,000 | 4,593,000 |
| Equity capital | 1,062,000 | 1,062,000 | 1,063,000 | 1,078,000 |
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 | 160,000 | 315,000 | 472,000 | 651,000 |
| Interest expense | 13,000 | 27,000 | 39,000 | 54,000 |
| Net interest income | 147,000 | 288,000 | 433,000 | 597,000 |
| Noninterest income | 37,000 | 56,000 | 95,000 | 118,000 |
| Noninterest expense | 151,000 | 289,000 | 455,000 | 571,000 |
| Provision for loan losses | 3,000 | 6,000 | 8,000 | -9,000 |
| Pretax income | 30,000 | 49,000 | 65,000 | 56,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 30,000 | 49,000 | 65,000 | 56,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,224,000 | 1,243,000 | 1,259,000 | 1,200,000 |
| Total capital | 1,335,000 | 1,354,000 | 1,367,000 | 1,308,000 |
| Risk-weighted assets | 8,874,000 | 8,861,000 | 8,631,000 | 8,632,000 |