Call reports 2017
FIRST NATIONAL BANK, CORTEZ — 2017
What FIRST NATIONAL BANK, CORTEZ 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 | 104,382,000 | 108,487,000 | 106,413,000 | 103,678,000 |
| Total loans | 47,386,000 | 49,939,000 | 50,072,000 | 51,475,000 |
| Allowance for loan losses | 749,000 | 759,000 | 761,000 | 838,000 |
| Securities available for sale | 47,830,000 | 47,776,000 | 47,232,000 | 43,071,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,537,000 | 95,868,000 | 91,632,000 | 92,376,000 |
| Interest-bearing deposits | 69,899,000 | 72,438,000 | 65,375,000 | 66,518,000 |
| Noninterest-bearing deposits | 23,638,000 | 23,430,000 | 26,257,000 | 25,858,000 |
| Equity capital | 9,632,000 | 10,129,000 | 10,363,000 | 10,404,000 |
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 | 988,000 | 2,027,000 | 3,011,000 | 4,039,000 |
| Interest expense | 51,000 | 100,000 | 152,000 | 204,000 |
| Net interest income | 937,000 | 1,927,000 | 2,859,000 | 3,835,000 |
| Noninterest income | 107,000 | 214,000 | 320,000 | 428,000 |
| Noninterest expense | 867,000 | 1,635,000 | 2,332,000 | 3,052,000 |
| Provision for loan losses | 9,000 | 29,000 | 44,000 | 121,000 |
| Pretax income | 168,000 | 477,000 | 803,000 | 1,090,000 |
| Income tax | 48,000 | 149,000 | 255,000 | 257,000 |
| Net income | 120,000 | 328,000 | 548,000 | 833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,881,000 | 10,090,000 | 10,310,000 | 10,594,000 |
| Total capital | 10,580,000 | 10,860,000 | 11,082,000 | 11,380,000 |
| Risk-weighted assets | 55,904,000 | 61,609,000 | 61,783,000 | 62,762,000 |