Call reports 2017
QUONTIC BANK — 2017
What QUONTIC 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 | 253,642,000 | 276,232,000 | 324,750,000 | 351,860,000 |
| Total loans | 229,561,000 | 246,044,000 | 278,959,000 | 299,755,000 |
| Allowance for loan losses | 1,711,000 | 1,840,000 | 1,973,000 | 2,132,000 |
| Securities available for sale | 52,000 | 51,000 | 42,000 | 41,000 |
| Securities held to maturity | 2,001,000 | 1,998,000 | 1,996,000 | 1,993,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,918,000 | 209,147,000 | 257,850,000 | 292,633,000 |
| Interest-bearing deposits | 178,316,000 | 186,769,000 | 233,718,000 | 273,478,000 |
| Noninterest-bearing deposits | 15,602,000 | 22,379,000 | 24,132,000 | 19,155,000 |
| Equity capital | 24,189,000 | 30,067,000 | 30,717,000 | 31,572,000 |
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 | 3,313,000 | 6,930,000 | 10,843,000 | 15,201,000 |
| Interest expense | 536,000 | 1,149,000 | 1,936,000 | 2,927,000 |
| Net interest income | 2,777,000 | 5,781,000 | 8,907,000 | 12,274,000 |
| Noninterest income | 2,654,000 | 6,001,000 | 9,624,000 | 13,457,000 |
| Noninterest expense | 4,766,000 | 9,482,000 | 14,642,000 | 20,228,000 |
| Provision for loan losses | 335,000 | 444,000 | 574,000 | 731,000 |
| Pretax income | 330,000 | 1,856,000 | 3,315,000 | 4,772,000 |
| Income tax | 64,000 | 135,000 | 179,000 | 281,000 |
| Net income | 266,000 | 1,721,000 | 3,136,000 | 4,491,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,154,000 | 28,032,000 | 28,682,000 | 29,537,000 |
| Total capital | 23,801,000 | 29,807,000 | 30,653,000 | 31,669,000 |
| Risk-weighted assets | 131,693,000 | 142,011,000 | 157,662,000 | 171,486,000 |