Call reports 2017
FIRST CHOICE BANK — 2017
What FIRST CHOICE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 285,583,000 | 274,418,000 | 289,135,000 | 291,613,000 |
| Total loans | 154,747,000 | 159,800,000 | 172,667,000 | 175,142,000 |
| Allowance for loan losses | 1,456,000 | 1,515,000 | 1,601,000 | 1,607,000 |
| Securities available for sale | 78,806,000 | 74,602,000 | 68,593,000 | 69,827,000 |
| Securities held to maturity | 18,950,000 | 18,652,000 | 17,010,000 | 15,197,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,771,000 | 234,719,000 | 248,666,000 | 252,998,000 |
| Interest-bearing deposits | 229,192,000 | 218,439,000 | 231,221,000 | 233,438,000 |
| Noninterest-bearing deposits | 17,579,000 | 16,280,000 | 17,445,000 | 19,560,000 |
| Equity capital | 36,364,000 | 37,376,000 | 38,082,000 | 36,025,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,660,000 | 5,475,000 | 8,426,000 | 11,438,000 |
| Interest expense | 201,000 | 407,000 | 681,000 | 1,059,000 |
| Net interest income | 2,459,000 | 5,068,000 | 7,745,000 | 10,379,000 |
| Noninterest income | 446,000 | 933,000 | 1,459,000 | 1,994,000 |
| Noninterest expense | 2,017,000 | 4,026,000 | 6,123,000 | 8,252,000 |
| Provision for loan losses | 90,000 | 195,000 | 300,000 | 370,000 |
| Pretax income | 798,000 | 1,784,000 | 2,794,000 | 3,681,000 |
| Income tax | 214,000 | 481,000 | 739,000 | 1,223,000 |
| Net income | 584,000 | 1,303,000 | 2,055,000 | 2,458,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,970,000 | 37,689,000 | 38,022,000 | 36,592,000 |
| Total capital | 38,426,000 | 39,204,000 | 39,623,000 | 38,199,000 |
| Risk-weighted assets | 173,864,000 | 174,958,000 | 184,362,000 | 195,234,000 |