Call reports 2016
SYNERGY BANK, S.S.B. — 2016
What SYNERGY BANK, S.S.B. 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 | 138,504,000 | 141,566,000 | 151,902,000 | 153,363,000 |
| Total loans | 106,817,000 | 111,339,000 | 114,923,000 | 120,815,000 |
| Allowance for loan losses | 841,000 | 909,000 | 968,000 | 968,000 |
| Securities available for sale | 8,215,000 | 7,740,000 | 7,235,000 | 6,623,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,690,000 | 122,463,000 | 132,766,000 | 129,844,000 |
| Interest-bearing deposits | 98,093,000 | 99,923,000 | 104,557,000 | 102,188,000 |
| Noninterest-bearing deposits | 21,597,000 | 22,540,000 | 28,209,000 | 27,656,000 |
| Equity capital | 18,101,000 | 18,178,000 | 18,278,000 | 17,892,000 |
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 | 1,437,000 | 2,938,000 | 4,498,000 | 6,093,000 |
| Interest expense | 188,000 | 396,000 | 615,000 | 838,000 |
| Net interest income | 1,249,000 | 2,542,000 | 3,883,000 | 5,255,000 |
| Noninterest income | 377,000 | 700,000 | 985,000 | 891,000 |
| Noninterest expense | 1,496,000 | 2,964,000 | 4,394,000 | 5,770,000 |
| Provision for loan losses | 65,000 | 131,000 | 196,000 | 262,000 |
| Pretax income | 65,000 | 147,000 | 278,000 | 114,000 |
| Income tax | 18,000 | 40,000 | 74,000 | 214,000 |
| Net income | 47,000 | 107,000 | 204,000 | -100,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,238,000 | 13,333,000 | 13,470,000 | 13,292,000 |
| Total capital | 14,079,000 | 14,242,000 | 14,438,000 | 14,260,000 |
| Risk-weighted assets | 101,645,000 | 107,033,000 | 107,661,000 | 117,759,000 |