Call reports 2016
FIRST STATE BANK OF FORSYTH — 2016
What FIRST STATE BANK OF FORSYTH 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 | 133,631,000 | 136,707,000 | 132,212,000 | 129,310,000 |
| Total loans | 55,361,000 | 57,831,000 | 60,579,000 | 59,778,000 |
| Allowance for loan losses | 1,045,000 | 1,076,000 | 1,136,000 | 1,154,000 |
| Securities available for sale | 67,658,000 | 64,187,000 | 60,098,000 | 60,714,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,736,000 | 109,370,000 | 108,242,000 | 110,271,000 |
| Interest-bearing deposits | 98,723,000 | 94,793,000 | 91,268,000 | 94,919,000 |
| Noninterest-bearing deposits | 15,013,000 | 14,577,000 | 16,974,000 | 15,352,000 |
| Equity capital | 14,537,000 | 15,255,000 | 14,917,000 | 13,981,000 |
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 | 1,226,000 | 2,415,000 | 3,630,000 | 4,844,000 |
| Interest expense | 160,000 | 320,000 | 477,000 | 628,000 |
| Net interest income | 1,066,000 | 2,095,000 | 3,153,000 | 4,216,000 |
| Noninterest income | 47,000 | 100,000 | 155,000 | 215,000 |
| Noninterest expense | 558,000 | 1,118,000 | 1,690,000 | 2,208,000 |
| Provision for loan losses | 30,000 | 60,000 | 120,000 | 240,000 |
| Pretax income | 542,000 | 1,052,000 | 1,603,000 | 2,089,000 |
| Income tax | 117,000 | 248,000 | 402,000 | 525,000 |
| Net income | 425,000 | 804,000 | 1,201,000 | 1,564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,663,000 | 13,862,000 | 14,019,000 | 14,122,000 |
| Total capital | 14,599,000 | 14,830,000 | 14,998,000 | 15,096,000 |
| Risk-weighted assets | 74,794,000 | 77,304,000 | 78,148,000 | 77,728,000 |