Call reports 2019
FIRST NATIONAL BANK, CORTEZ — 2019
What FIRST NATIONAL BANK, CORTEZ 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 | 106,375,000 | 109,403,000 | 109,805,000 | 106,238,000 |
| Total loans | 57,888,000 | 59,392,000 | 59,931,000 | 62,810,000 |
| Allowance for loan losses | 924,000 | 920,000 | 916,000 | 945,000 |
| Securities available for sale | 38,649,000 | 38,671,000 | 36,175,000 | 22,180,000 |
| Securities held to maturity | 1,079,000 | 1,078,000 | 1,076,000 | 1,075,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,213,000 | 91,726,000 | 91,751,000 | 87,999,000 |
| Interest-bearing deposits | 63,765,000 | 64,580,000 | 66,629,000 | 62,675,000 |
| Noninterest-bearing deposits | 25,448,000 | 27,146,000 | 25,122,000 | 25,324,000 |
| Equity capital | 10,937,000 | 11,447,000 | 11,730,000 | 11,929,000 |
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 | 1,089,000 | 2,256,000 | 3,388,000 | 4,572,000 |
| Interest expense | 89,000 | 188,000 | 289,000 | 374,000 |
| Net interest income | 1,000,000 | 2,068,000 | 3,099,000 | 4,198,000 |
| Noninterest income | 108,000 | 220,000 | 335,000 | 448,000 |
| Noninterest expense | 774,000 | 1,525,000 | 2,310,000 | 3,131,000 |
| Provision for loan losses | 0 | 187,000 | 187,000 | 272,000 |
| Pretax income | 368,000 | 679,000 | 1,057,000 | 1,337,000 |
| Income tax | 79,000 | 144,000 | 225,000 | 288,000 |
| Net income | 289,000 | 535,000 | 832,000 | 1,049,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,217,000 | 11,463,000 | 11,765,000 | 11,982,000 |
| Total capital | 12,072,000 | 12,349,000 | 12,654,000 | 12,887,000 |
| Risk-weighted assets | 68,290,000 | 70,804,000 | 71,035,000 | 72,365,000 |