Call reports 2018
SMARTBANK — 2018
What SMARTBANK 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 | 1,759,981,000 | 2,062,206,000 | 2,050,561,000 | 2,278,710,000 |
| Total loans | 1,374,282,000 | 1,575,458,000 | 1,585,232,000 | 1,777,177,000 |
| Allowance for loan losses | 6,477,000 | 7,074,000 | 7,156,000 | 8,275,000 |
| Securities available for sale | 156,210,000 | 156,577,000 | 173,039,000 | 201,688,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,505,514,000 | 1,722,573,000 | 1,731,394,000 | 1,940,161,000 |
| Interest-bearing deposits | 1,224,299,000 | 1,416,114,000 | 1,406,216,000 | 1,605,195,000 |
| Noninterest-bearing deposits | 281,215,000 | 306,459,000 | 325,178,000 | 334,966,000 |
| Equity capital | 212,961,000 | 257,056,000 | 268,312,000 | 308,422,000 |
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 | 19,213,000 | 41,790,000 | 64,561,000 | 90,909,000 |
| Interest expense | 2,462,000 | 5,801,000 | 9,810,000 | 14,561,000 |
| Net interest income | 16,751,000 | 35,989,000 | 54,751,000 | 76,348,000 |
| Noninterest income | 1,559,000 | 3,491,000 | 4,961,000 | 6,750,000 |
| Noninterest expense | 12,634,000 | 27,014,000 | 40,601,000 | 55,020,000 |
| Provision for loan losses | 689,000 | 1,305,000 | 1,607,000 | 2,936,000 |
| Pretax income | 4,987,000 | 11,160,000 | 17,503,000 | 25,141,000 |
| Income tax | 1,075,000 | 2,537,000 | 4,008,000 | 2,400,000 |
| Net income | 3,912,000 | 8,623,000 | 13,495,000 | 22,741,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 166,766,000 | 194,078,000 | 206,114,000 | 235,499,000 |
| Total capital | 173,243,000 | 201,152,000 | 213,270,000 | 243,774,000 |
| Risk-weighted assets | 1,499,181,000 | 1,700,823,000 | 1,719,736,000 | 1,912,710,000 |