Call reports 2016
ALGONQUIN STATE BANK — 2016
What ALGONQUIN STATE 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 | 133,380,000 | 137,812,000 | 137,409,000 | 135,475,000 |
| Total loans | 36,262,000 | 35,785,000 | 34,175,000 | 35,526,000 |
| Allowance for loan losses | 560,000 | 560,000 | 560,000 | 524,000 |
| Securities available for sale | 75,529,000 | 74,625,000 | 71,933,000 | 71,868,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,373,000 | 120,076,000 | 120,515,000 | 121,906,000 |
| Interest-bearing deposits | 91,334,000 | 94,751,000 | 96,021,000 | 96,294,000 |
| Noninterest-bearing deposits | 26,039,000 | 25,325,000 | 24,494,000 | 25,612,000 |
| Equity capital | 15,374,000 | 17,122,000 | 16,326,000 | 13,093,000 |
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 | 824,000 | 1,634,000 | 2,395,000 | 3,185,000 |
| Interest expense | 40,000 | 79,000 | 117,000 | 156,000 |
| Net interest income | 784,000 | 1,555,000 | 2,278,000 | 3,029,000 |
| Noninterest income | 204,000 | 351,000 | 524,000 | 671,000 |
| Noninterest expense | 1,094,000 | 2,148,000 | 3,205,000 | 4,201,000 |
| Provision for loan losses | 18,000 | -80,000 | -80,000 | -80,000 |
| Pretax income | 294,000 | 518,000 | 551,000 | 524,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 294,000 | 518,000 | 551,000 | 524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,297,000 | 14,521,000 | 14,555,000 | 14,528,000 |
| Total capital | 14,857,000 | 15,081,000 | 15,115,000 | 15,052,000 |
| Risk-weighted assets | 52,335,000 | 53,894,000 | 52,819,000 | 54,370,000 |