Call reports 2016
CHOICE BANK — 2016
What CHOICE 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 | 292,264,000 | 303,400,000 | 319,074,000 | 334,145,000 |
| Total loans | 244,753,000 | 257,097,000 | 271,890,000 | 284,281,000 |
| Allowance for loan losses | 5,088,000 | 4,905,000 | 4,942,000 | 4,909,000 |
| Securities available for sale | 27,133,000 | 24,785,000 | 27,606,000 | 27,980,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,345,000 | 221,607,000 | 225,431,000 | 222,723,000 |
| Interest-bearing deposits | 192,822,000 | 199,439,000 | 210,064,000 | 206,726,000 |
| Noninterest-bearing deposits | 18,523,000 | 22,168,000 | 15,367,000 | 15,997,000 |
| Equity capital | 27,016,000 | 27,840,000 | 28,638,000 | 36,198,000 |
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 | 2,910,000 | 5,958,000 | 9,205,000 | 12,589,000 |
| Interest expense | 668,000 | 1,430,000 | 2,249,000 | 3,075,000 |
| Net interest income | 2,242,000 | 4,528,000 | 6,956,000 | 9,514,000 |
| Noninterest income | 206,000 | 396,000 | 637,000 | 875,000 |
| Noninterest expense | 1,172,000 | 2,375,000 | 3,696,000 | 4,997,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 240,000 |
| Pretax income | 1,246,000 | 2,489,000 | 3,807,000 | 5,152,000 |
| Income tax | 474,000 | 946,000 | 1,450,000 | 1,984,000 |
| Net income | 772,000 | 1,543,000 | 2,357,000 | 3,168,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,533,000 | 27,411,000 | 28,188,000 | 36,102,000 |
| Total capital | 29,325,000 | 30,403,000 | 31,352,000 | 39,374,000 |
| Risk-weighted assets | 220,806,000 | 237,162,000 | 251,050,000 | 259,878,000 |