Call reports 2017
MEDALLION BANK — 2017
What MEDALLION BANK 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 | 1,083,931,000 | 1,077,481,000 | 1,125,790,000 | 1,081,844,000 |
| Total loans | 926,232,000 | 1,005,542,000 | 1,049,247,000 | 928,236,000 |
| Allowance for loan losses | 47,077,000 | 54,872,000 | 55,517,000 | 63,417,000 |
| Securities available for sale | 36,063,000 | 40,007,000 | 38,423,000 | 43,478,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 911,959,000 | 899,470,000 | 944,201,000 | 906,848,000 |
| Interest-bearing deposits | 911,959,000 | 899,470,000 | 944,201,000 | 906,848,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 165,622,000 | 166,947,000 | 171,515,000 | 164,230,000 |
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 | 26,346,000 | 53,017,000 | 82,299,000 | 111,346,000 |
| Interest expense | 3,107,000 | 6,293,000 | 9,952,000 | 13,869,000 |
| Net interest income | 23,239,000 | 46,724,000 | 72,347,000 | 97,477,000 |
| Noninterest income | 2,739,000 | 922,000 | -394,000 | 959,000 |
| Noninterest expense | 6,050,000 | 12,700,000 | 20,842,000 | 27,508,000 |
| Provision for loan losses | 13,296,000 | 25,069,000 | 33,114,000 | 51,282,000 |
| Pretax income | 6,632,000 | 9,877,000 | 17,997,000 | 19,646,000 |
| Income tax | 2,456,000 | 4,095,000 | 7,035,000 | 15,093,000 |
| Net income | 4,176,000 | 5,782,000 | 10,962,000 | 4,553,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 163,105,000 | 161,942,000 | 169,066,000 | 163,797,000 |
| Total capital | 176,084,000 | 175,788,000 | 183,484,000 | 176,876,000 |
| Risk-weighted assets | 1,001,296,000 | 1,061,539,000 | 1,109,776,000 | 995,145,000 |