Call reports 2018
FIRST CHOICE BANK — 2018
What FIRST CHOICE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 304,969,000 | 300,291,000 | 297,559,000 | 296,121,000 |
| Total loans | 175,980,000 | 182,450,000 | 185,589,000 | 188,224,000 |
| Allowance for loan losses | 1,597,000 | 1,585,000 | 1,621,000 | 1,704,000 |
| Securities available for sale | 73,995,000 | 72,253,000 | 69,992,000 | 68,757,000 |
| Securities held to maturity | 14,057,000 | 11,336,000 | 10,996,000 | 9,677,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,274,000 | 260,744,000 | 257,639,000 | 256,498,000 |
| Interest-bearing deposits | 248,024,000 | 241,877,000 | 237,353,000 | 234,517,000 |
| Noninterest-bearing deposits | 18,250,000 | 18,867,000 | 20,286,000 | 21,981,000 |
| Equity capital | 36,064,000 | 37,135,000 | 37,644,000 | 36,991,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,996,000 | 6,133,000 | 9,421,000 | 12,736,000 |
| Interest expense | 408,000 | 839,000 | 1,293,000 | 1,780,000 |
| Net interest income | 2,588,000 | 5,294,000 | 8,128,000 | 10,956,000 |
| Noninterest income | 593,000 | 1,201,000 | 1,819,000 | 2,431,000 |
| Noninterest expense | 2,165,000 | 4,312,000 | 6,363,000 | 8,702,000 |
| Provision for loan losses | 52,000 | 128,000 | 202,000 | 352,000 |
| Pretax income | 964,000 | 2,058,000 | 3,385,000 | 4,303,000 |
| Income tax | 213,000 | 397,000 | 634,000 | 838,000 |
| Net income | 751,000 | 1,661,000 | 2,751,000 | 3,465,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,344,000 | 38,253,000 | 39,344,000 | 37,652,000 |
| Total capital | 38,941,000 | 39,838,000 | 40,965,000 | 39,356,000 |
| Risk-weighted assets | 195,860,000 | 199,848,000 | 198,604,000 | 200,276,000 |