Call reports 2019
FIRST CHOICE BANK — 2019
What FIRST CHOICE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 315,304,000 | 311,444,000 | 310,494,000 | 309,001,000 |
| Total loans | 188,357,000 | 192,424,000 | 197,977,000 | 197,622,000 |
| Allowance for loan losses | 1,724,000 | 1,790,000 | 1,987,000 | 2,023,000 |
| Securities available for sale | 71,819,000 | 72,964,000 | 73,640,000 | 71,889,000 |
| Securities held to maturity | 8,677,000 | 6,880,000 | 4,062,000 | 3,611,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,827,000 | 268,504,000 | 266,573,000 | 266,188,000 |
| Interest-bearing deposits | 253,621,000 | 250,076,000 | 247,030,000 | 244,245,000 |
| Noninterest-bearing deposits | 20,206,000 | 18,428,000 | 19,543,000 | 21,943,000 |
| Equity capital | 38,461,000 | 39,955,000 | 41,110,000 | 40,201,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,351,000 | 6,828,000 | 10,421,000 | 13,994,000 |
| Interest expense | 567,000 | 1,262,000 | 2,075,000 | 2,880,000 |
| Net interest income | 2,784,000 | 5,566,000 | 8,346,000 | 11,114,000 |
| Noninterest income | 659,000 | 1,404,000 | 2,107,000 | 2,711,000 |
| Noninterest expense | 2,309,000 | 4,499,000 | 6,625,000 | 8,905,000 |
| Provision for loan losses | 90,000 | 255,000 | 480,000 | 585,000 |
| Pretax income | 1,044,000 | 2,219,000 | 3,356,000 | 4,489,000 |
| Income tax | 219,000 | 494,000 | 709,000 | 929,000 |
| Net income | 825,000 | 1,725,000 | 2,647,000 | 3,560,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,385,000 | 39,290,000 | 40,217,000 | 39,602,000 |
| Total capital | 40,109,000 | 41,080,000 | 42,204,000 | 41,625,000 |
| Risk-weighted assets | 198,806,000 | 202,118,000 | 203,312,000 | 202,711,000 |