Call reports 2016
FOUR OAKS BANK & TRUST COMPANY — 2016
What FOUR OAKS BANK & TRUST COMPANY 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 | 720,337,000 | 711,569,000 | 721,297,000 | 717,626,000 |
| Total loans | 476,573,000 | 487,796,000 | 490,191,000 | 507,210,000 |
| Allowance for loan losses | 9,084,000 | 9,069,000 | 9,673,000 | 9,647,000 |
| Securities available for sale | 70,449,000 | 64,608,000 | 62,380,000 | 58,141,000 |
| Securities held to maturity | 62,212,000 | 58,462,000 | 54,576,000 | 51,205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 563,926,000 | 553,599,000 | 561,601,000 | 555,910,000 |
| Interest-bearing deposits | 425,856,000 | 414,264,000 | 415,494,000 | 401,764,000 |
| Noninterest-bearing deposits | 138,070,000 | 139,335,000 | 146,107,000 | 154,146,000 |
| Equity capital | 83,412,000 | 85,105,000 | 86,358,000 | 88,625,000 |
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 | 7,119,000 | 14,415,000 | 21,796,000 | 29,186,000 |
| Interest expense | 982,000 | 1,942,000 | 2,885,000 | 3,814,000 |
| Net interest income | 6,137,000 | 12,473,000 | 18,911,000 | 25,372,000 |
| Noninterest income | 1,161,000 | 2,451,000 | 3,762,000 | 5,087,000 |
| Noninterest expense | 5,748,000 | 11,945,000 | 17,810,000 | 24,249,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,550,000 | 3,245,000 | 5,129,000 | 6,476,000 |
| Income tax | 550,000 | 1,158,000 | 1,895,000 | -166,000 |
| Net income | 1,000,000 | 2,087,000 | 3,234,000 | 6,642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,734,000 | 74,545,000 | 76,141,000 | 77,585,000 |
| Total capital | 79,169,000 | 81,063,000 | 82,759,000 | 84,478,000 |
| Risk-weighted assets | 512,209,000 | 518,851,000 | 526,408,000 | 548,674,000 |