Call reports 2018
FIRST RELIANCE BANK — 2018
What FIRST RELIANCE 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 | 530,573,000 | 536,034,000 | 562,510,000 | 583,054,000 |
| Total loans | 401,289,000 | 406,393,000 | 417,264,000 | 443,740,000 |
| Allowance for loan losses | 2,521,000 | 2,421,000 | 2,539,000 | 3,025,000 |
| Securities available for sale | 25,610,000 | 24,946,000 | 33,892,000 | 33,389,000 |
| Securities held to maturity | 16,274,000 | 15,760,000 | 14,507,000 | 14,108,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 438,199,000 | 452,868,000 | 470,794,000 | 479,404,000 |
| Interest-bearing deposits | 336,152,000 | 347,949,000 | 364,268,000 | 372,967,000 |
| Noninterest-bearing deposits | 102,047,000 | 104,919,000 | 106,526,000 | 106,437,000 |
| Equity capital | 62,327,000 | 61,596,000 | 61,400,000 | 62,421,000 |
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 | 5,436,000 | 11,168,000 | 17,215,000 | 23,613,000 |
| Interest expense | 533,000 | 1,178,000 | 1,897,000 | 2,919,000 |
| Net interest income | 4,903,000 | 9,990,000 | 15,318,000 | 20,694,000 |
| Noninterest income | 2,686,000 | 5,292,000 | 7,752,000 | 10,567,000 |
| Noninterest expense | 6,439,000 | 12,931,000 | 19,323,000 | 25,951,000 |
| Provision for loan losses | 25,000 | 21,000 | 228,000 | 515,000 |
| Pretax income | 1,125,000 | 2,330,000 | 3,519,000 | 4,795,000 |
| Income tax | 231,000 | 504,000 | 765,000 | 1,041,000 |
| Net income | 894,000 | 1,826,000 | 2,754,000 | 3,754,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,325,000 | 52,854,000 | 52,475,000 | 53,191,000 |
| Total capital | 56,846,000 | 55,274,000 | 55,012,000 | 56,216,000 |
| Risk-weighted assets | 429,511,000 | 428,996,000 | 440,743,000 | 466,353,000 |