Call reports 2016
FIRST AND CITIZENS BANK — 2016
What FIRST AND CITIZENS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Total assets | 125,323,000 | 121,822,000 | 122,486,000 |
| Total loans | 64,734,000 | 64,233,000 | 61,825,000 |
| Allowance for loan losses | 1,049,000 | 1,055,000 | 1,040,000 |
| Securities available for sale | 6,414,000 | 6,802,000 | 5,730,000 |
| Securities held to maturity | 3,000 | 3,000 | 2,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 109,733,000 | 106,096,000 | 106,999,000 |
| Interest-bearing deposits | 90,662,000 | 89,158,000 | 88,459,000 |
| Noninterest-bearing deposits | 19,071,000 | 16,938,000 | 18,540,000 |
| Equity capital | 14,990,000 | 15,196,000 | 15,011,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Interest income | 1,161,000 | 2,291,000 | 3,404,000 |
| Interest expense | 133,000 | 260,000 | 384,000 |
| Net interest income | 1,028,000 | 2,031,000 | 3,020,000 |
| Noninterest income | 142,000 | 280,000 | 345,000 |
| Noninterest expense | 836,000 | 1,667,000 | 2,997,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 |
| Pretax income | 324,000 | 634,000 | 358,000 |
| Income tax | 103,000 | 203,000 | 104,000 |
| Net income | 221,000 | 431,000 | 254,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Tier 1 capital | 14,938,000 | 15,148,000 | 14,971,000 |
| Total capital | 15,599,000 | 15,807,000 | 15,594,000 |
| Risk-weighted assets | 52,465,000 | 52,290,000 | 49,406,000 |