Call reports 2017
ARMOR BANK — 2017
What ARMOR 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 | 49,732,000 | 50,887,000 | 58,044,000 | 67,613,000 |
| Total loans | 18,412,000 | 20,687,000 | 21,209,000 | 21,080,000 |
| Allowance for loan losses | 10,000 | 55,000 | 69,000 | 75,000 |
| Securities available for sale | 14,626,000 | 14,558,000 | 14,969,000 | 21,294,000 |
| Securities held to maturity | 100,000 | 61,000 | 58,000 | 55,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,008,000 | 44,538,000 | 51,543,000 | 60,692,000 |
| Interest-bearing deposits | 36,823,000 | 36,934,000 | 43,523,000 | 52,534,000 |
| Noninterest-bearing deposits | 7,185,000 | 7,604,000 | 8,020,000 | 8,158,000 |
| Equity capital | 5,534,000 | 6,166,000 | 6,210,000 | 6,610,000 |
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 | 351,000 | 756,000 | 1,164,000 | 1,623,000 |
| Interest expense | 22,000 | 44,000 | 67,000 | 92,000 |
| Net interest income | 329,000 | 712,000 | 1,097,000 | 1,531,000 |
| Noninterest income | 58,000 | 115,000 | 175,000 | 226,000 |
| Noninterest expense | 413,000 | 842,000 | 1,243,000 | 1,659,000 |
| Provision for loan losses | 15,000 | 54,000 | 68,000 | 77,000 |
| Pretax income | -41,000 | -77,000 | -47,000 | 13,000 |
| Income tax | 0 | 0 | 0 | -429,000 |
| Net income | -41,000 | -77,000 | -47,000 | 442,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,040,000 | 5,717,000 | 5,759,000 | 6,260,000 |
| Total capital | 5,050,000 | 5,772,000 | 5,828,000 | 6,335,000 |
| Risk-weighted assets | 22,480,000 | 24,872,000 | 26,838,000 | 28,560,000 |