Call reports 2017
BAC COMMUNITY BANK — 2017
What BAC COMMUNITY 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 | 598,729,000 | 606,943,000 | 631,977,000 | 623,681,000 |
| Total loans | 353,676,000 | 367,796,000 | 385,454,000 | 401,566,000 |
| Allowance for loan losses | 5,389,000 | 5,393,000 | 6,090,000 | 6,133,000 |
| Securities available for sale | 171,790,000 | 168,180,000 | 179,216,000 | 174,151,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 539,881,000 | 547,927,000 | 571,083,000 | 561,748,000 |
| Interest-bearing deposits | 337,608,000 | 348,387,000 | 359,493,000 | 349,984,000 |
| Noninterest-bearing deposits | 202,273,000 | 199,540,000 | 211,590,000 | 211,764,000 |
| Equity capital | 53,196,000 | 54,703,000 | 56,260,000 | 57,185,000 |
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 | 4,708,000 | 9,705,000 | 15,108,000 | 20,355,000 |
| Interest expense | 130,000 | 266,000 | 414,000 | 552,000 |
| Net interest income | 4,578,000 | 9,439,000 | 14,694,000 | 19,803,000 |
| Noninterest income | 305,000 | 907,000 | 1,455,000 | 2,008,000 |
| Noninterest expense | 4,144,000 | 8,215,000 | 12,164,000 | 16,156,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 739,000 | 2,131,000 | 3,985,000 | 5,660,000 |
| Income tax | 25,000 | 50,000 | 70,000 | 135,000 |
| Net income | 714,000 | 2,081,000 | 3,915,000 | 5,525,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,142,000 | 54,940,000 | 56,359,000 | 57,659,000 |
| Total capital | 59,382,000 | 60,324,000 | 61,961,000 | 63,415,000 |
| Risk-weighted assets | 418,698,000 | 430,390,000 | 447,417,000 | 459,961,000 |