Call reports 2016
CROSS BANK — 2016
What CROSS 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 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 229,878,000 | 227,211,000 | 236,717,000 | 231,210,000 |
| Total loans | 175,341,000 | 191,522,000 | 195,331,000 | 179,860,000 |
| Allowance for loan losses | 3,410,000 | 3,534,000 | 3,639,000 | 3,784,000 |
| Securities available for sale | 2,172,000 | 2,050,000 | 1,966,000 | 1,784,000 |
| Securities held to maturity | 12,707,000 | 9,844,000 | 9,276,000 | 9,212,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 197,111,000 | 194,679,000 | 193,759,000 | 198,290,000 |
| Interest-bearing deposits | 163,187,000 | 162,385,000 | 161,080,000 | 159,800,000 |
| Noninterest-bearing deposits | 33,924,000 | 32,293,000 | 32,679,000 | 38,490,000 |
| Equity capital | 27,949,000 | 28,111,000 | 28,702,000 | 28,885,000 |
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 | 2,575,000 | 5,259,000 | 8,251,000 | 10,928,000 |
| Interest expense | 243,000 | 489,000 | 752,000 | 1,014,000 |
| Net interest income | 2,332,000 | 4,770,000 | 7,499,000 | 9,914,000 |
| Noninterest income | 359,000 | 749,000 | 1,145,000 | 1,107,000 |
| Noninterest expense | 1,714,000 | 3,487,000 | 5,212,000 | 6,974,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 600,000 |
| Pretax income | 831,000 | 1,736,000 | 2,986,000 | 3,451,000 |
| Income tax | 302,000 | 636,000 | 1,101,000 | 1,267,000 |
| Net income | 529,000 | 1,100,000 | 1,885,000 | 2,184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,419,000 | 27,417,000 | 27,954,000 | 28,182,000 |
| Total capital | 29,750,000 | 29,870,000 | 30,403,000 | 30,484,000 |
| Risk-weighted assets | 185,412,000 | 195,165,000 | 194,692,000 | 182,681,000 |