Call reports 2017
SMARTBANK — 2017
What SMARTBANK 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 | 1,046,689,000 | 1,141,345,000 | 1,131,398,000 | 1,679,354,000 |
| Total loans | 807,563,000 | 865,115,000 | 871,722,000 | 1,323,497,000 |
| Allowance for loan losses | 5,152,000 | 5,498,000 | 5,393,000 | 5,860,000 |
| Securities available for sale | 137,133,000 | 132,762,000 | 115,535,000 | 151,945,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 903,175,000 | 994,629,000 | 973,163,000 | 1,444,303,000 |
| Interest-bearing deposits | 729,083,000 | 798,312,000 | 774,818,000 | 1,200,429,000 |
| Noninterest-bearing deposits | 174,092,000 | 196,317,000 | 198,345,000 | 243,874,000 |
| Equity capital | 117,239,000 | 119,989,000 | 121,919,000 | 168,103,000 |
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 | 10,716,000 | 21,924,000 | 34,035,000 | 51,064,000 |
| Interest expense | 1,128,000 | 2,398,000 | 3,790,000 | 5,615,000 |
| Net interest income | 9,588,000 | 19,526,000 | 30,245,000 | 45,449,000 |
| Noninterest income | 1,060,000 | 2,518,000 | 3,698,000 | 5,425,000 |
| Noninterest expense | 7,680,000 | 15,612,000 | 24,600,000 | 36,066,000 |
| Provision for loan losses | 12,000 | 310,000 | 340,000 | 783,000 |
| Pretax income | 2,956,000 | 6,122,000 | 9,147,000 | 14,169,000 |
| Income tax | 1,086,000 | 1,962,000 | 2,977,000 | 7,036,000 |
| Net income | 1,870,000 | 4,160,000 | 6,170,000 | 7,133,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 116,045,000 | 117,500,000 | 119,608,000 | 162,288,000 |
| Total capital | 121,197,000 | 122,998,000 | 125,001,000 | 168,148,000 |
| Risk-weighted assets | 883,743,000 | 954,023,000 | 972,081,000 | 1,488,891,000 |