Call reports 2016
BANK OF THE LOWCOUNTRY — 2016
What BANK OF THE LOWCOUNTRY 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 | 197,069,000 | 197,270,000 | 186,917,000 | 185,813,000 |
| Total loans | 84,862,000 | 85,512,000 | 87,028,000 | 87,203,000 |
| Allowance for loan losses | 1,549,000 | 1,531,000 | 1,469,000 | 1,532,000 |
| Securities available for sale | 42,789,000 | 50,653,000 | 50,234,000 | 49,742,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 176,797,000 | 176,301,000 | 165,735,000 | 165,759,000 |
| Interest-bearing deposits | 151,285,000 | 150,360,000 | 140,192,000 | 141,033,000 |
| Noninterest-bearing deposits | 25,512,000 | 25,941,000 | 25,543,000 | 24,726,000 |
| Equity capital | 19,999,000 | 20,552,000 | 20,779,000 | 19,798,000 |
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 | 1,480,000 | 2,950,000 | 4,456,000 | 5,951,000 |
| Interest expense | 164,000 | 324,000 | 481,000 | 635,000 |
| Net interest income | 1,316,000 | 2,626,000 | 3,975,000 | 5,316,000 |
| Noninterest income | 140,000 | 424,000 | 589,000 | 743,000 |
| Noninterest expense | 1,051,000 | 2,176,000 | 3,257,000 | 4,310,000 |
| Provision for loan losses | 10,000 | 40,000 | 80,000 | 122,000 |
| Pretax income | 443,000 | 882,000 | 1,275,000 | 1,675,000 |
| Income tax | 115,000 | 200,000 | 293,000 | 451,000 |
| Net income | 328,000 | 682,000 | 982,000 | 1,224,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,939,000 | 20,292,000 | 20,593,000 | 20,835,000 |
| Total capital | 21,141,000 | 21,501,000 | 21,920,000 | 22,235,000 |
| Risk-weighted assets | 95,838,000 | 96,422,000 | 106,033,000 | 111,839,000 |