Call reports 2018
FIRST NATIONAL BANK, CORTEZ — 2018
What FIRST NATIONAL BANK, CORTEZ 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 | 101,048,000 | 104,406,000 | 105,631,000 | 106,820,000 |
| Total loans | 52,832,000 | 54,043,000 | 54,068,000 | 58,561,000 |
| Allowance for loan losses | 836,000 | 843,000 | 853,000 | 926,000 |
| Securities available for sale | 39,405,000 | 38,876,000 | 38,211,000 | 38,342,000 |
| Securities held to maturity | 266,000 | 479,000 | 916,000 | 1,081,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,706,000 | 91,268,000 | 89,359,000 | 89,909,000 |
| Interest-bearing deposits | 60,687,000 | 66,608,000 | 62,836,000 | 63,581,000 |
| Noninterest-bearing deposits | 25,019,000 | 24,660,000 | 26,523,000 | 26,328,000 |
| Equity capital | 9,765,000 | 9,888,000 | 9,958,000 | 10,537,000 |
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 | 1,003,000 | 2,006,000 | 3,033,000 | 4,107,000 |
| Interest expense | 50,000 | 114,000 | 182,000 | 255,000 |
| Net interest income | 953,000 | 1,892,000 | 2,851,000 | 3,852,000 |
| Noninterest income | 106,000 | 214,000 | 323,000 | 440,000 |
| Noninterest expense | 768,000 | 1,514,000 | 2,243,000 | 2,989,000 |
| Provision for loan losses | 0 | 20,000 | 40,000 | 115,000 |
| Pretax income | 291,000 | 572,000 | 891,000 | 1,188,000 |
| Income tax | 61,000 | 121,000 | 189,000 | 252,000 |
| Net income | 230,000 | 451,000 | 702,000 | 936,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,572,000 | 10,794,000 | 11,044,000 | 11,187,000 |
| Total capital | 11,371,000 | 11,637,000 | 11,872,000 | 12,050,000 |
| Risk-weighted assets | 63,893,000 | 67,397,000 | 66,226,000 | 68,928,000 |