Call reports 2016
FIRST CHOICE BANK — 2016
What FIRST CHOICE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 282,369,000 | 274,917,000 | 269,141,000 | 269,171,000 |
| Total loans | 128,006,000 | 134,739,000 | 142,581,000 | 152,941,000 |
| Allowance for loan losses | 1,293,000 | 1,326,000 | 1,377,000 | 1,389,000 |
| Securities available for sale | 81,515,000 | 83,277,000 | 72,629,000 | 65,771,000 |
| Securities held to maturity | 26,090,000 | 25,092,000 | 21,995,000 | 19,880,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,285,000 | 235,027,000 | 228,716,000 | 231,106,000 |
| Interest-bearing deposits | 228,116,000 | 220,143,000 | 213,833,000 | 211,313,000 |
| Noninterest-bearing deposits | 15,169,000 | 14,884,000 | 14,884,000 | 19,793,000 |
| Equity capital | 36,067,000 | 37,058,000 | 37,588,000 | 35,526,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,465,000 | 5,067,000 | 7,654,000 | 10,264,000 |
| Interest expense | 210,000 | 426,000 | 633,000 | 832,000 |
| Net interest income | 2,255,000 | 4,641,000 | 7,021,000 | 9,432,000 |
| Noninterest income | 486,000 | 975,000 | 1,462,000 | 1,996,000 |
| Noninterest expense | 1,955,000 | 3,903,000 | 5,841,000 | 7,975,000 |
| Provision for loan losses | 75,000 | 165,000 | 255,000 | 345,000 |
| Pretax income | 709,000 | 1,592,000 | 2,512,000 | 3,233,000 |
| Income tax | 170,000 | 404,000 | 679,000 | 794,000 |
| Net income | 539,000 | 1,188,000 | 1,833,000 | 2,439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,047,000 | 36,059,000 | 36,717,000 | 36,387,000 |
| Total capital | 37,340,000 | 37,385,000 | 38,094,000 | 37,776,000 |
| Risk-weighted assets | 149,429,000 | 156,704,000 | 158,887,000 | 169,088,000 |