Call reports 2017
FOUNDATION BANK — 2017
What FOUNDATION 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 | 216,213,000 | 214,008,000 | 216,146,000 | 215,189,000 |
| Total loans | 182,170,000 | 186,016,000 | 189,359,000 | 182,092,000 |
| Allowance for loan losses | 2,947,000 | 2,962,000 | 2,938,000 | 2,953,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,000 | 1,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,187,000 | 143,238,000 | 144,978,000 | 148,390,000 |
| Interest-bearing deposits | 137,324,000 | 134,759,000 | 136,033,000 | 138,226,000 |
| Noninterest-bearing deposits | 8,863,000 | 8,479,000 | 8,945,000 | 10,164,000 |
| Equity capital | 41,100,000 | 41,857,000 | 42,576,000 | 43,254,000 |
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 | 2,106,000 | 4,309,000 | 6,515,000 | 8,749,000 |
| Interest expense | 449,000 | 906,000 | 1,375,000 | 1,855,000 |
| Net interest income | 1,657,000 | 3,403,000 | 5,140,000 | 6,894,000 |
| Noninterest income | 100,000 | 192,000 | 275,000 | 354,000 |
| Noninterest expense | 1,070,000 | 2,136,000 | 3,222,000 | 4,362,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 672,000 | 1,429,000 | 2,148,000 | 2,826,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 672,000 | 1,429,000 | 2,148,000 | 2,826,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,686,000 | 37,459,000 | 38,195,000 | 38,877,000 |
| Total capital | 38,825,000 | 39,675,000 | 40,406,000 | 40,992,000 |
| Risk-weighted assets | 170,285,000 | 176,497,000 | 176,133,000 | 168,376,000 |