Call reports 2013
FIRST CHOICE BANK — 2013
What FIRST CHOICE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 260,408,000 | 255,465,000 | 256,565,000 | 252,454,000 |
| Total loans | 99,158,000 | 102,486,000 | 106,068,000 | 105,671,000 |
| Allowance for loan losses | 1,633,000 | 1,583,000 | 1,566,000 | 1,225,000 |
| Securities available for sale | 84,521,000 | 87,577,000 | 86,665,000 | 84,829,000 |
| Securities held to maturity | 31,300,000 | 30,776,000 | 30,771,000 | 30,356,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,932,000 | 218,871,000 | 219,484,000 | 216,318,000 |
| Interest-bearing deposits | 196,483,000 | 193,075,000 | 194,149,000 | 190,537,000 |
| Noninterest-bearing deposits | 26,449,000 | 25,796,000 | 25,335,000 | 25,781,000 |
| Equity capital | 33,786,000 | 32,907,000 | 33,541,000 | 32,692,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,159,000 | 4,340,000 | 6,572,000 | 8,852,000 |
| Interest expense | 288,000 | 557,000 | 832,000 | 1,095,000 |
| Net interest income | 1,871,000 | 3,783,000 | 5,740,000 | 7,757,000 |
| Noninterest income | 532,000 | 953,000 | 1,517,000 | 2,055,000 |
| Noninterest expense | 1,793,000 | 3,541,000 | 5,337,000 | 7,230,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 610,000 | 1,195,000 | 1,920,000 | 2,585,000 |
| Income tax | 142,000 | 256,000 | 427,000 | 570,000 |
| Net income | 468,000 | 939,000 | 1,493,000 | 2,015,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,338,000 | 33,810,000 | 34,364,000 | 33,935,000 |
| Total capital | 34,862,000 | 35,384,000 | 35,930,000 | 35,160,000 |
| Risk-weighted assets | 121,819,000 | 125,874,000 | 128,245,000 | 133,571,000 |