Call reports 2016
CLEAR MOUNTAIN BANK, INC. — 2016
What CLEAR MOUNTAIN BANK, INC. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 533,930,000 | 541,566,000 | 548,492,000 | 556,146,000 |
| Total loans | 414,610,000 | 420,895,000 | 432,000,000 | 440,838,000 |
| Allowance for loan losses | 6,450,000 | 6,591,000 | 6,782,000 | 6,815,000 |
| Securities available for sale | 46,054,000 | 47,965,000 | 43,933,000 | 42,031,000 |
| Securities held to maturity | 22,407,000 | 24,428,000 | 25,273,000 | 26,942,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 466,523,000 | 474,673,000 | 481,209,000 | 487,022,000 |
| Interest-bearing deposits | 346,714,000 | 351,466,000 | 354,654,000 | 354,420,000 |
| Noninterest-bearing deposits | 119,809,000 | 123,207,000 | 126,555,000 | 132,602,000 |
| Equity capital | 57,754,000 | 58,854,000 | 59,297,000 | 60,042,000 |
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 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 5,636,000 | 11,351,000 | 17,161,000 | 23,061,000 |
| Interest expense | 580,000 | 1,170,000 | 1,779,000 | 2,401,000 |
| Net interest income | 5,056,000 | 10,181,000 | 15,382,000 | 20,660,000 |
| Noninterest income | 1,420,000 | 2,938,000 | 4,935,000 | 6,604,000 |
| Noninterest expense | 3,982,000 | 8,121,000 | 14,721,000 | 19,017,000 |
| Provision for loan losses | 384,000 | 668,000 | 874,000 | 1,155,000 |
| Pretax income | 2,110,000 | 4,330,000 | 4,722,000 | 7,092,000 |
| Income tax | 782,000 | 1,609,000 | 1,512,000 | 2,468,000 |
| Net income | 1,328,000 | 2,721,000 | 3,210,000 | 4,624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,318,000 | 59,261,000 | 59,750,000 | 60,965,000 |
| Total capital | 63,301,000 | 64,284,000 | 64,941,000 | 66,269,000 |
| Risk-weighted assets | 397,193,000 | 400,278,000 | 413,713,000 | 422,785,000 |