Call reports 2017
LOCUS BANK, INC. — 2017
What LOCUS BANK, INC. 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 | 131,708,000 | 145,471,000 | 160,621,000 | 167,420,000 |
| Total loans | 96,016,000 | 108,955,000 | 118,878,000 | 130,278,000 |
| Allowance for loan losses | 1,227,000 | 1,238,000 | 1,329,000 | 1,717,000 |
| Securities available for sale | 9,984,000 | 11,829,000 | 11,921,000 | 11,592,000 |
| Securities held to maturity | 3,906,000 | 3,904,000 | 3,819,000 | 3,002,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,342,000 | 118,059,000 | 133,279,000 | 137,256,000 |
| Interest-bearing deposits | 104,538,000 | 110,680,000 | 125,948,000 | 131,858,000 |
| Noninterest-bearing deposits | 6,804,000 | 7,379,000 | 7,331,000 | 5,398,000 |
| Equity capital | 16,879,000 | 19,170,000 | 19,424,000 | 19,480,000 |
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 | 1,302,000 | 2,752,000 | 4,295,000 | 6,049,000 |
| Interest expense | 291,000 | 611,000 | 987,000 | 1,458,000 |
| Net interest income | 1,011,000 | 2,141,000 | 3,308,000 | 4,591,000 |
| Noninterest income | 37,000 | 240,000 | 318,000 | 602,000 |
| Noninterest expense | 869,000 | 1,637,000 | 2,562,000 | 3,446,000 |
| Provision for loan losses | -64,000 | 194,000 | 120,000 | 508,000 |
| Pretax income | 243,000 | 550,000 | 946,000 | 1,241,000 |
| Income tax | 67,000 | 156,000 | 275,000 | 433,000 |
| Net income | 176,000 | 394,000 | 671,000 | 808,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,896,000 | 16,082,000 | 16,327,000 | 16,461,000 |
| Total capital | 21,323,000 | 23,520,000 | 23,856,000 | 24,378,000 |
| Risk-weighted assets | 115,715,000 | 125,549,000 | 131,754,000 | 145,113,000 |