Call reports 2018
BEACON COMMUNITY BANK — 2018
What BEACON COMMUNITY 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 | 36,467,000 | 43,808,000 | 49,439,000 | 71,155,000 |
| Total loans | 557,000 | 12,197,000 | 27,615,000 | 42,577,000 |
| Allowance for loan losses | 7,000 | 152,000 | 345,000 | 532,000 |
| Securities available for sale | 0 | 12,001,000 | 1,984,000 | 5,363,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,815,000 | 11,764,000 | 18,091,000 | 40,236,000 |
| Interest-bearing deposits | 6,700,000 | 10,863,000 | 16,952,000 | 37,852,000 |
| Noninterest-bearing deposits | 115,000 | 901,000 | 1,139,000 | 2,384,000 |
| Equity capital | 28,525,000 | 30,929,000 | 30,244,000 | 29,628,000 |
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 | 187,000 | 421,000 | 818,000 | 1,402,000 |
| Interest expense | 5,000 | 22,000 | 56,000 | 182,000 |
| Net interest income | 182,000 | 399,000 | 762,000 | 1,220,000 |
| Noninterest income | 0 | 11,000 | 20,000 | 30,000 |
| Noninterest expense | 831,000 | 1,623,000 | 2,528,000 | 3,643,000 |
| Provision for loan losses | 7,000 | 152,000 | 345,000 | 532,000 |
| Pretax income | -656,000 | -1,365,000 | -2,091,000 | -2,925,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -656,000 | -1,365,000 | -2,091,000 | -2,925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,525,000 | 30,898,000 | 30,239,000 | 29,485,000 |
| Total capital | 28,532,000 | 31,050,000 | 30,581,000 | 30,006,000 |
| Risk-weighted assets | 8,304,000 | 15,796,000 | 27,392,000 | 41,686,000 |