Call reports 2018
MEDALLION BANK — 2018
What MEDALLION BANK 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 | 1,008,523,000 | 1,067,904,000 | 1,119,749,000 | 1,023,879,000 |
| Total loans | 946,187,000 | 998,209,000 | 938,803,000 | 938,222,000 |
| Allowance for loan losses | 68,574,000 | 68,183,000 | 65,924,000 | 60,137,000 |
| Securities available for sale | 41,294,000 | 44,717,000 | 45,757,000 | 45,324,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 847,326,000 | 896,502,000 | 947,075,000 | 848,140,000 |
| Interest-bearing deposits | 847,326,000 | 896,502,000 | 947,075,000 | 848,140,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 154,405,000 | 154,860,000 | 164,779,000 | 166,996,000 |
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 | 26,890,000 | 55,460,000 | 86,720,000 | 116,067,000 |
| Interest expense | 3,615,000 | 7,814,000 | 12,879,000 | 17,845,000 |
| Net interest income | 23,275,000 | 47,646,000 | 73,841,000 | 98,222,000 |
| Noninterest income | -10,586,000 | -10,593,000 | -7,728,000 | -9,413,000 |
| Noninterest expense | 7,158,000 | 14,590,000 | 22,145,000 | 28,898,000 |
| Provision for loan losses | 17,635,000 | 32,832,000 | 39,449,000 | 50,673,000 |
| Pretax income | -12,104,000 | -10,369,000 | 4,519,000 | 9,238,000 |
| Income tax | -3,322,000 | -2,888,000 | 1,274,000 | 3,572,000 |
| Net income | -8,782,000 | -7,481,000 | 3,245,000 | 5,666,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 152,099,000 | 153,561,000 | 165,249,000 | 167,911,000 |
| Total capital | 165,215,000 | 167,344,000 | 178,552,000 | 180,917,000 |
| Risk-weighted assets | 990,711,000 | 1,045,884,000 | 1,010,792,000 | 993,374,000 |