Call reports 2016
DRAKE BANK — 2016
What DRAKE 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 | 93,301,000 | 96,083,000 | 99,700,000 | 97,970,000 |
| Total loans | 79,992,000 | 82,755,000 | 79,764,000 | 84,169,000 |
| Allowance for loan losses | 1,053,000 | 1,006,000 | 1,061,000 | 1,030,000 |
| Securities available for sale | 2,276,000 | 2,266,000 | 3,243,000 | 3,202,000 |
| Securities held to maturity | 1,538,000 | 1,534,000 | 1,529,000 | 1,525,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,256,000 | 73,608,000 | 77,045,000 | 74,917,000 |
| Interest-bearing deposits | 49,597,000 | 51,144,000 | 52,432,000 | 53,747,000 |
| Noninterest-bearing deposits | 23,659,000 | 22,464,000 | 24,613,000 | 21,170,000 |
| Equity capital | 10,194,000 | 10,452,000 | 10,393,000 | 10,508,000 |
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 | 1,162,000 | 2,430,000 | 3,682,000 | 4,905,000 |
| Interest expense | 93,000 | 189,000 | 291,000 | 402,000 |
| Net interest income | 1,069,000 | 2,241,000 | 3,391,000 | 4,503,000 |
| Noninterest income | 140,000 | 256,000 | 285,000 | 447,000 |
| Noninterest expense | 825,000 | 1,646,000 | 2,487,000 | 3,275,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 135,000 |
| Pretax income | 339,000 | 761,000 | 1,054,000 | 1,540,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 339,000 | 761,000 | 1,054,000 | 1,540,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,201,000 | 10,448,000 | 10,390,000 | 10,527,000 |
| Total capital | 11,047,000 | 11,311,000 | 11,252,000 | 11,385,000 |
| Risk-weighted assets | 67,472,000 | 68,918,000 | 68,791,000 | 68,463,000 |