Call reports 2019
LOCUS BANK, INC. — 2019
What LOCUS BANK, INC. 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 | 206,780,000 | 196,924,000 | 214,190,000 | 222,228,000 |
| Total loans | 147,019,000 | 144,911,000 | 165,978,000 | 160,602,000 |
| Allowance for loan losses | 1,103,000 | 1,102,000 | 1,468,000 | 1,502,000 |
| Securities available for sale | 16,784,000 | 21,043,000 | 14,931,000 | 15,330,000 |
| Securities held to maturity | 2,853,000 | 2,851,000 | 2,809,000 | 5,503,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,234,000 | 156,678,000 | 168,692,000 | 169,847,000 |
| Interest-bearing deposits | 154,960,000 | 150,279,000 | 161,124,000 | 160,313,000 |
| Noninterest-bearing deposits | 8,274,000 | 6,399,000 | 7,568,000 | 9,534,000 |
| Equity capital | 21,468,000 | 22,380,000 | 23,150,000 | 24,122,000 |
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 | 2,025,000 | 4,181,000 | 6,386,000 | 8,750,000 |
| Interest expense | 881,000 | 1,845,000 | 2,806,000 | 3,811,000 |
| Net interest income | 1,144,000 | 2,336,000 | 3,580,000 | 4,939,000 |
| Noninterest income | 78,000 | 255,000 | 761,000 | 930,000 |
| Noninterest expense | 883,000 | 1,810,000 | 2,571,000 | 3,450,000 |
| Provision for loan losses | 465,000 | 492,000 | 865,000 | 985,000 |
| Pretax income | -126,000 | 289,000 | 1,024,000 | 1,553,000 |
| Income tax | -60,000 | 18,000 | 165,000 | 148,000 |
| Net income | -66,000 | 271,000 | 859,000 | 1,405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,492,000 | 21,134,000 | 21,974,000 | 22,972,000 |
| Total capital | 25,045,000 | 24,086,000 | 25,092,000 | 24,474,000 |
| Risk-weighted assets | 161,382,000 | 159,100,000 | 180,848,000 | 168,894,000 |