Call reports 2016
SETTLERS BANK — 2016
What SETTLERS 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 | 193,623,000 | 205,131,000 | 209,974,000 | 217,337,000 |
| Total loans | 163,553,000 | 173,494,000 | 177,159,000 | 195,017,000 |
| Allowance for loan losses | 2,057,000 | 2,133,000 | 2,276,000 | 2,462,000 |
| Securities available for sale | 3,172,000 | 3,336,000 | 3,275,000 | 3,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 162,261,000 | 173,222,000 | 177,144,000 | 179,777,000 |
| Interest-bearing deposits | 148,661,000 | 156,469,000 | 154,666,000 | 159,073,000 |
| Noninterest-bearing deposits | 13,600,000 | 16,753,000 | 22,478,000 | 20,704,000 |
| Equity capital | 18,720,000 | 19,187,000 | 20,130,000 | 21,389,000 |
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 | 1,908,000 | 3,949,000 | 6,098,000 | 8,424,000 |
| Interest expense | 358,000 | 741,000 | 1,126,000 | 1,518,000 |
| Net interest income | 1,550,000 | 3,208,000 | 4,972,000 | 6,906,000 |
| Noninterest income | 240,000 | 563,000 | 1,034,000 | 1,454,000 |
| Noninterest expense | 1,340,000 | 2,731,000 | 4,117,000 | 5,612,000 |
| Provision for loan losses | 85,000 | 160,000 | 303,000 | 489,000 |
| Pretax income | 365,000 | 880,000 | 1,586,000 | 2,259,000 |
| Income tax | 134,000 | 319,000 | 580,000 | 817,000 |
| Net income | 231,000 | 561,000 | 1,006,000 | 1,442,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,683,000 | 19,141,000 | 20,087,000 | 21,393,000 |
| Total capital | 20,644,000 | 21,274,000 | 22,271,000 | 23,777,000 |
| Risk-weighted assets | 156,843,000 | 173,453,000 | 174,632,000 | 190,681,000 |