Call reports 2017
RESOLUTE BANK — 2017
What RESOLUTE 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 | 38,351,000 | 38,769,000 | 39,548,000 | 41,066,000 |
| Total loans | 30,458,000 | 28,756,000 | 29,449,000 | 29,811,000 |
| Allowance for loan losses | 498,000 | 503,000 | 503,000 | 712,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,095,000 | 33,318,000 | 34,732,000 | 34,957,000 |
| Interest-bearing deposits | 26,311,000 | 26,148,000 | 28,104,000 | 27,454,000 |
| Noninterest-bearing deposits | 7,784,000 | 7,170,000 | 6,628,000 | 7,503,000 |
| Equity capital | 2,867,000 | 3,083,000 | 3,475,000 | 3,009,000 |
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 | 334,000 | 709,000 | 1,055,000 | 1,425,000 |
| Interest expense | 40,000 | 85,000 | 137,000 | 193,000 |
| Net interest income | 294,000 | 624,000 | 918,000 | 1,232,000 |
| Noninterest income | 2,545,000 | 6,242,000 | 11,213,000 | 16,007,000 |
| Noninterest expense | 3,375,000 | 7,186,000 | 12,059,000 | 17,442,000 |
| Provision for loan losses | 0 | 0 | 0 | 191,000 |
| Pretax income | -536,000 | -320,000 | 72,000 | -394,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -536,000 | -320,000 | 72,000 | -394,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,867,000 | 3,083,000 | 3,475,000 | 3,009,000 |
| Total capital | 3,132,000 | 3,341,000 | 3,738,000 | 3,272,000 |
| Risk-weighted assets | 20,884,000 | 20,298,000 | 20,549,000 | 20,429,000 |