Call reports 2018
ARMOR BANK — 2018
What ARMOR 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 | 65,702,000 | 79,006,000 | 85,358,000 | 90,502,000 |
| Total loans | 22,651,000 | 28,573,000 | 31,433,000 | 40,294,000 |
| Allowance for loan losses | 105,000 | 173,000 | 208,000 | 310,000 |
| Securities available for sale | 20,702,000 | 20,206,000 | 19,655,000 | 19,567,000 |
| Securities held to maturity | 53,000 | 16,000 | 14,000 | 12,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,368,000 | 61,074,000 | 67,321,000 | 72,459,000 |
| Interest-bearing deposits | 50,343,000 | 53,604,000 | 58,976,000 | 64,297,000 |
| Noninterest-bearing deposits | 8,025,000 | 7,470,000 | 8,345,000 | 8,162,000 |
| Equity capital | 7,007,000 | 17,836,000 | 17,914,000 | 17,906,000 |
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 | 534,000 | 1,119,000 | 1,777,000 | 2,577,000 |
| Interest expense | 25,000 | 52,000 | 89,000 | 189,000 |
| Net interest income | 509,000 | 1,067,000 | 1,688,000 | 2,388,000 |
| Noninterest income | 61,000 | 120,000 | 180,000 | 211,000 |
| Noninterest expense | 404,000 | 814,000 | 1,275,000 | 1,879,000 |
| Provision for loan losses | 30,000 | 100,000 | 135,000 | 242,000 |
| Pretax income | 112,000 | 249,000 | 434,000 | 405,000 |
| Income tax | 0 | 0 | 0 | 194,000 |
| Net income | 112,000 | 249,000 | 434,000 | 211,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,348,000 | 17,276,000 | 17,477,000 | 17,445,000 |
| Total capital | 6,453,000 | 17,449,000 | 17,685,000 | 17,755,000 |
| Risk-weighted assets | 29,121,000 | 36,530,000 | 41,813,000 | 49,523,000 |