Call reports 2016
AVIDBANK — 2016
What AVIDBANK 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 | 612,094,000 | 639,964,000 | 679,260,000 | 644,598,000 |
| Total loans | 422,855,000 | 418,809,000 | 447,852,000 | 514,769,000 |
| Allowance for loan losses | 5,406,000 | 5,431,000 | 5,431,000 | 6,244,000 |
| Securities available for sale | 68,541,000 | 94,853,000 | 100,350,000 | 89,686,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 550,775,000 | 575,002,000 | 608,413,000 | 573,031,000 |
| Interest-bearing deposits | 342,695,000 | 307,198,000 | 301,030,000 | 326,635,000 |
| Noninterest-bearing deposits | 208,079,000 | 267,804,000 | 307,383,000 | 246,396,000 |
| Equity capital | 59,350,000 | 62,691,000 | 64,588,000 | 68,226,000 |
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 | 6,060,000 | 12,825,000 | 19,298,000 | 26,251,000 |
| Interest expense | 282,000 | 562,000 | 843,000 | 1,146,000 |
| Net interest income | 5,778,000 | 12,263,000 | 18,455,000 | 25,105,000 |
| Noninterest income | 343,000 | 2,257,000 | 2,604,000 | 3,130,000 |
| Noninterest expense | 3,904,000 | 7,670,000 | 11,194,000 | 15,672,000 |
| Provision for loan losses | 0 | 0 | 0 | 813,000 |
| Pretax income | 2,217,000 | 6,850,000 | 9,861,000 | 11,746,000 |
| Income tax | 816,000 | 1,915,000 | 3,071,000 | 3,612,000 |
| Net income | 1,401,000 | 4,935,000 | 6,790,000 | 8,134,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,955,000 | 62,162,000 | 64,126,000 | 69,163,000 |
| Total capital | 64,731,000 | 67,963,000 | 69,927,000 | 75,777,000 |
| Risk-weighted assets | 575,687,000 | 581,751,000 | 617,130,000 | 664,722,000 |