Call reports 2019
METHOD BANK — 2019
What METHOD 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 | 13,514,000 | 12,835,000 | 12,787,000 | 12,726,000 |
| Total loans | 6,442,000 | 6,437,000 | 6,501,000 | 6,842,000 |
| Allowance for loan losses | 106,000 | 108,000 | 105,000 | 103,000 |
| Securities available for sale | 3,243,000 | 3,241,000 | 3,011,000 | 2,630,000 |
| Securities held to maturity | 200,000 | 200,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,886,000 | 11,158,000 | 11,020,000 | 10,991,000 |
| Interest-bearing deposits | 7,018,000 | 6,416,000 | 6,254,000 | 5,876,000 |
| Noninterest-bearing deposits | 4,868,000 | 4,742,000 | 4,766,000 | 5,115,000 |
| Equity capital | 1,118,000 | 1,173,000 | 1,261,000 | 1,227,000 |
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 | 167,000 | 337,000 | 513,000 | 685,000 |
| Interest expense | 13,000 | 27,000 | 40,000 | 51,000 |
| Net interest income | 154,000 | 310,000 | 473,000 | 634,000 |
| Noninterest income | 20,000 | 43,000 | 86,000 | 109,000 |
| Noninterest expense | 142,000 | 292,000 | 443,000 | 590,000 |
| Provision for loan losses | 4,000 | 12,000 | 9,000 | 12,000 |
| Pretax income | 28,000 | 29,000 | 50,000 | 84,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 28,000 | 29,000 | 50,000 | 84,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,228,000 | 1,229,000 | 1,240,000 | 1,213,000 |
| Total capital | 1,333,000 | 1,333,000 | 1,339,000 | 1,318,000 |
| Risk-weighted assets | 8,432,000 | 8,325,000 | 7,895,000 | 8,409,000 |