Call reports 2017
FIRST RELIANCE BANK — 2017
What FIRST RELIANCE 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 | 418,888,000 | 434,921,000 | 453,978,000 | 456,924,000 |
| Total loans | 311,117,000 | 318,078,000 | 332,897,000 | 341,566,000 |
| Allowance for loan losses | 2,792,000 | 2,875,000 | 2,568,000 | 2,464,000 |
| Securities available for sale | 17,542,000 | 17,442,000 | 17,865,000 | 26,765,000 |
| Securities held to maturity | 19,241,000 | 18,527,000 | 17,646,000 | 17,018,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,636,000 | 358,235,000 | 388,440,000 | 370,908,000 |
| Interest-bearing deposits | 258,795,000 | 268,831,000 | 279,213,000 | 266,885,000 |
| Noninterest-bearing deposits | 86,841,000 | 89,404,000 | 109,227,000 | 104,023,000 |
| Equity capital | 45,992,000 | 46,948,000 | 47,838,000 | 46,161,000 |
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 | 3,937,000 | 8,254,000 | 12,837,000 | 17,460,000 |
| Interest expense | 245,000 | 545,000 | 888,000 | 1,249,000 |
| Net interest income | 3,692,000 | 7,709,000 | 11,949,000 | 16,211,000 |
| Noninterest income | 2,759,000 | 5,019,000 | 7,187,000 | 8,814,000 |
| Noninterest expense | 5,072,000 | 9,966,000 | 15,180,000 | 20,384,000 |
| Provision for loan losses | 154,000 | 231,000 | 3,000 | 7,000 |
| Pretax income | 1,225,000 | 2,531,000 | 3,953,000 | 4,634,000 |
| Income tax | 401,000 | 843,000 | 1,326,000 | 3,513,000 |
| Net income | 824,000 | 1,688,000 | 2,627,000 | 1,121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,179,000 | 41,026,000 | 41,962,000 | 42,455,000 |
| Total capital | 42,971,000 | 43,901,000 | 44,529,000 | 44,920,000 |
| Risk-weighted assets | 338,089,000 | 342,279,000 | 357,250,000 | 364,646,000 |