Call reports 2018
RESOLUTE BANK — 2018
What RESOLUTE 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 | 34,449,000 | 31,447,000 | 29,085,000 | 26,287,000 |
| Total loans | 24,394,000 | 24,602,000 | 17,189,000 | 16,564,000 |
| Allowance for loan losses | 808,000 | 645,000 | 904,000 | 908,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,435,000 | 28,638,000 | 27,121,000 | 24,603,000 |
| Interest-bearing deposits | 25,545,000 | 23,592,000 | 23,076,000 | 20,375,000 |
| Noninterest-bearing deposits | 5,890,000 | 5,046,000 | 4,045,000 | 4,228,000 |
| Equity capital | 2,179,000 | 1,681,000 | 1,450,000 | 1,271,000 |
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 | 352,000 | 661,000 | 993,000 | 1,261,000 |
| Interest expense | 37,000 | 84,000 | 128,000 | 178,000 |
| Net interest income | 315,000 | 577,000 | 865,000 | 1,083,000 |
| Noninterest income | 4,263,000 | 6,970,000 | 7,905,000 | 8,613,000 |
| Noninterest expense | 5,308,000 | 8,724,000 | 10,804,000 | 12,109,000 |
| Provision for loan losses | 100,000 | 151,000 | 151,000 | 151,000 |
| Pretax income | -830,000 | -1,328,000 | -2,185,000 | -2,564,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -830,000 | -1,328,000 | -2,185,000 | -2,564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,179,000 | 1,681,000 | 1,450,000 | 1,271,000 |
| Total capital | 2,410,000 | 1,918,000 | 1,640,000 | 1,463,000 |
| Risk-weighted assets | 17,687,000 | 18,345,000 | 14,272,000 | 14,479,000 |