Call reports 2016
RIDGESTONE BANK — 2016
What RIDGESTONE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Total assets | 433,223,000 | 444,580,000 | 452,706,000 |
| Total loans | 362,802,000 | 370,016,000 | 387,966,000 |
| Allowance for loan losses | 9,729,000 | 9,656,000 | 8,631,000 |
| Securities available for sale | 27,604,000 | 27,574,000 | 27,214,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 351,597,000 | 354,586,000 | 360,070,000 |
| Interest-bearing deposits | 315,664,000 | 319,646,000 | 318,326,000 |
| Noninterest-bearing deposits | 35,934,000 | 34,940,000 | 41,744,000 |
| Equity capital | 59,501,000 | 63,009,000 | 66,900,000 |
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 |
|---|---|---|---|
| Interest income | 7,552,000 | 14,614,000 | 22,309,000 |
| Interest expense | 826,000 | 1,718,000 | 2,632,000 |
| Net interest income | 6,726,000 | 12,896,000 | 19,677,000 |
| Noninterest income | 8,805,000 | 19,579,000 | 31,364,000 |
| Noninterest expense | 7,602,000 | 14,910,000 | 23,465,000 |
| Provision for loan losses | 761,000 | 2,293,000 | 3,444,000 |
| Pretax income | 7,168,000 | 15,272,000 | 24,132,000 |
| Income tax | 2,901,000 | 6,157,000 | 9,381,000 |
| Net income | 4,267,000 | 9,115,000 | 14,751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Tier 1 capital | 55,703,000 | 58,683,000 | 62,665,000 |
| Total capital | 60,672,000 | 63,721,000 | 68,067,000 |
| Risk-weighted assets | 391,457,000 | 396,914,000 | 427,449,000 |