Call reports 2014
FIRST CHOICE BANK — 2014
What FIRST CHOICE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 273,123,000 | 264,054,000 | 258,686,000 | 257,219,000 |
| Total loans | 104,948,000 | 107,157,000 | 110,216,000 | 112,128,000 |
| Allowance for loan losses | 1,139,000 | 1,202,000 | 1,292,000 | 1,216,000 |
| Securities available for sale | 92,054,000 | 98,308,000 | 84,103,000 | 81,938,000 |
| Securities held to maturity | 30,351,000 | 28,773,000 | 28,770,000 | 28,766,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,195,000 | 226,304,000 | 220,481,000 | 219,537,000 |
| Interest-bearing deposits | 209,451,000 | 199,957,000 | 194,162,000 | 205,980,000 |
| Noninterest-bearing deposits | 26,744,000 | 26,347,000 | 26,319,000 | 13,557,000 |
| Equity capital | 33,477,000 | 34,352,000 | 34,710,000 | 34,391,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,214,000 | 4,488,000 | 6,794,000 | 9,081,000 |
| Interest expense | 256,000 | 511,000 | 758,000 | 999,000 |
| Net interest income | 1,958,000 | 3,977,000 | 6,036,000 | 8,082,000 |
| Noninterest income | 526,000 | 1,056,000 | 1,630,000 | 2,192,000 |
| Noninterest expense | 1,937,000 | 3,809,000 | 5,706,000 | 7,705,000 |
| Provision for loan losses | 0 | 100,000 | 225,000 | 225,000 |
| Pretax income | 558,000 | 1,141,000 | 1,756,000 | 2,371,000 |
| Income tax | 107,000 | 227,000 | 342,000 | 441,000 |
| Net income | 451,000 | 914,000 | 1,414,000 | 1,930,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,387,000 | 34,850,000 | 35,350,000 | 34,878,000 |
| Total capital | 35,526,000 | 36,052,000 | 36,642,000 | 36,094,000 |
| Risk-weighted assets | 127,814,000 | 130,451,000 | 130,431,000 | 131,855,000 |