Call reports 2018
PORTAGE BANK — 2018
What PORTAGE 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 | 11,475,000 | 11,656,000 | 11,887,000 | 11,773,000 |
| Total loans | 3,200,000 | 3,303,000 | 3,318,000 | 3,203,000 |
| Allowance for loan losses | 124,000 | 114,000 | 115,000 | 115,000 |
| Securities available for sale | 2,907,000 | 2,752,000 | 2,596,000 | 2,489,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,201,000 | 10,384,000 | 10,603,000 | 10,459,000 |
| Interest-bearing deposits | 7,961,000 | 8,045,000 | 8,170,000 | 7,856,000 |
| Noninterest-bearing deposits | 2,241,000 | 2,339,000 | 2,434,000 | 2,603,000 |
| Equity capital | 1,225,000 | 1,219,000 | 1,228,000 | 1,249,000 |
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 | 83,000 | 163,000 | 249,000 | 335,000 |
| Interest expense | 13,000 | 24,000 | 38,000 | 52,000 |
| Net interest income | 70,000 | 139,000 | 211,000 | 283,000 |
| Noninterest income | 7,000 | 12,000 | 18,000 | 25,000 |
| Noninterest expense | 65,000 | 142,000 | 202,000 | 279,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 12,000 | 9,000 | 27,000 | 29,000 |
| Income tax | 3,000 | 3,000 | 6,000 | 9,000 |
| Net income | 9,000 | 6,000 | 21,000 | 20,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,309,000 | 1,309,000 | 1,325,000 | 1,315,000 |
| Total capital | 1,365,000 | 1,358,000 | 1,376,000 | 1,365,000 |
| Risk-weighted assets | 4,417,000 | 3,830,000 | 4,015,000 | 3,984,000 |
Machine access — free, no API key
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