Call reports 2016
CUMBERLAND SECURITY BANK, INC. — 2016
What CUMBERLAND SECURITY 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 | 181,103,000 | 185,131,000 | 185,281,000 | 190,469,000 |
| Total loans | 134,022,000 | 139,833,000 | 145,193,000 | 145,932,000 |
| Allowance for loan losses | 4,309,000 | 4,337,000 | 4,379,000 | 4,438,000 |
| Securities available for sale | 19,862,000 | 22,660,000 | 17,460,000 | 18,896,000 |
| Securities held to maturity | 5,065,000 | 5,058,000 | 6,073,000 | 6,064,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,739,000 | 157,427,000 | 157,009,000 | 162,764,000 |
| Interest-bearing deposits | 100,428,000 | 99,339,000 | 100,803,000 | 105,188,000 |
| Noninterest-bearing deposits | 53,311,000 | 58,088,000 | 56,206,000 | 57,576,000 |
| Equity capital | 23,589,000 | 23,832,000 | 24,372,000 | 23,896,000 |
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 | 1,915,000 | 3,888,000 | 5,977,000 | 8,051,000 |
| Interest expense | 77,000 | 153,000 | 231,000 | 313,000 |
| Net interest income | 1,838,000 | 3,735,000 | 5,746,000 | 7,738,000 |
| Noninterest income | 482,000 | 1,017,000 | 1,646,000 | 2,205,000 |
| Noninterest expense | 1,382,000 | 2,746,000 | 4,158,000 | 5,508,000 |
| Provision for loan losses | 51,000 | 102,000 | 153,000 | 204,000 |
| Pretax income | 887,000 | 1,904,000 | 3,086,000 | 4,236,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 887,000 | 1,904,000 | 3,086,000 | 4,236,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,483,000 | 23,674,000 | 24,281,000 | 23,963,000 |
| Total capital | 25,192,000 | 25,437,000 | 26,075,000 | 25,793,000 |
| Risk-weighted assets | 134,118,000 | 138,463,000 | 140,959,000 | 143,804,000 |