Call reports 2016
SOUTH PORTE BANK — 2016
What SOUTH PORTE 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 | 63,606,000 | 65,211,000 | 69,394,000 | 70,712,000 |
| Total loans | 41,373,000 | 43,201,000 | 47,985,000 | 50,972,000 |
| Allowance for loan losses | 403,000 | 410,000 | 432,000 | 433,000 |
| Securities available for sale | 4,633,000 | 4,956,000 | 5,891,000 | 5,453,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,748,000 | 59,224,000 | 57,364,000 | 60,577,000 |
| Interest-bearing deposits | 55,080,000 | 48,464,000 | 52,851,000 | 55,399,000 |
| Noninterest-bearing deposits | 3,668,000 | 10,760,000 | 4,513,000 | 5,178,000 |
| Equity capital | 4,770,000 | 5,904,000 | 5,957,000 | 6,065,000 |
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 | 542,000 | 1,109,000 | 1,716,000 | 2,370,000 |
| Interest expense | 136,000 | 280,000 | 415,000 | 561,000 |
| Net interest income | 406,000 | 829,000 | 1,301,000 | 1,809,000 |
| Noninterest income | 25,000 | 61,000 | 104,000 | 142,000 |
| Noninterest expense | 365,000 | 743,000 | 1,164,000 | 1,600,000 |
| Provision for loan losses | 0 | 13,000 | 35,000 | 35,000 |
| Pretax income | 66,000 | 150,000 | 222,000 | 332,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 66,000 | 150,000 | 222,000 | 332,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,360,000 | 5,445,000 | 5,517,000 | 5,778,000 |
| Total capital | 4,772,000 | 5,864,000 | 5,958,000 | 6,220,000 |
| Risk-weighted assets | 36,687,000 | 39,265,000 | 44,829,000 | 47,242,000 |