Call reports 2018
LOCUS BANK, INC. — 2018
What LOCUS BANK, INC. 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 | 178,657,000 | 181,788,000 | 184,568,000 | 194,139,000 |
| Total loans | 141,055,000 | 135,342,000 | 137,837,000 | 141,290,000 |
| Allowance for loan losses | 1,781,000 | 1,680,000 | 1,691,000 | 1,025,000 |
| Securities available for sale | 12,972,000 | 14,648,000 | 14,564,000 | 15,242,000 |
| Securities held to maturity | 2,951,000 | 2,951,000 | 2,897,000 | 2,895,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,648,000 | 150,281,000 | 145,817,000 | 149,960,000 |
| Interest-bearing deposits | 138,876,000 | 143,154,000 | 138,436,000 | 141,686,000 |
| Noninterest-bearing deposits | 9,772,000 | 7,127,000 | 7,381,000 | 8,274,000 |
| Equity capital | 19,550,000 | 20,069,000 | 20,415,000 | 21,362,000 |
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 | 1,812,000 | 3,774,000 | 5,611,000 | 7,579,000 |
| Interest expense | 501,000 | 1,114,000 | 1,778,000 | 2,607,000 |
| Net interest income | 1,311,000 | 2,660,000 | 3,833,000 | 4,972,000 |
| Noninterest income | 43,000 | 190,000 | 252,000 | 602,000 |
| Noninterest expense | 996,000 | 1,968,000 | 2,915,000 | 3,909,000 |
| Provision for loan losses | 64,000 | -37,000 | -26,000 | -261,000 |
| Pretax income | 294,000 | 919,000 | 1,196,000 | 1,926,000 |
| Income tax | 55,000 | 179,000 | 228,000 | 221,000 |
| Net income | 239,000 | 740,000 | 968,000 | 1,705,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,669,000 | 16,966,000 | 17,620,000 | 20,588,000 |
| Total capital | 24,650,000 | 24,846,000 | 24,911,000 | 25,063,000 |
| Risk-weighted assets | 152,635,000 | 149,608,000 | 155,464,000 | 157,865,000 |