Call reports 2018
CHARIS BANK — 2018
What CHARIS 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 | 67,618,000 | 88,905,000 | 87,942,000 | 95,886,000 |
| Total loans | 52,992,000 | 49,130,000 | 47,143,000 | 52,927,000 |
| Allowance for loan losses | 838,000 | 0 | 0 | 157,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,597,000 | 71,184,000 | 63,395,000 | 71,539,000 |
| Interest-bearing deposits | 39,296,000 | 39,823,000 | 41,331,000 | 45,310,000 |
| Noninterest-bearing deposits | 19,301,000 | 31,361,000 | 22,064,000 | 26,229,000 |
| Equity capital | 8,796,000 | 17,548,000 | 24,355,000 | 24,154,000 |
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 | 903,000 | 377,000 | 1,271,000 | 2,368,000 |
| Interest expense | 11,000 | 5,000 | 34,000 | 74,000 |
| Net interest income | 892,000 | 372,000 | 1,237,000 | 2,294,000 |
| Noninterest income | 73,000 | 37,000 | 97,000 | 161,000 |
| Noninterest expense | 627,000 | 381,000 | 1,249,000 | 2,406,000 |
| Provision for loan losses | 0 | 0 | 0 | 157,000 |
| Pretax income | 338,000 | 28,000 | 85,000 | -108,000 |
| Income tax | 0 | 0 | 0 | 8,000 |
| Net income | 338,000 | 28,000 | 85,000 | -116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,796,000 | 10,716,000 | 18,209,000 | 18,555,000 |
| Total capital | 9,364,000 | 10,716,000 | 18,209,000 | 18,712,000 |
| Risk-weighted assets | 45,208,000 | 43,799,000 | 47,103,000 | 52,437,000 |