Call reports 2016
SYNERGY BANK — 2016
What SYNERGY 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 | 505,804,000 | 501,562,000 | 497,898,000 | 495,390,000 |
| Total loans | 354,856,000 | 358,230,000 | 353,037,000 | 354,444,000 |
| Allowance for loan losses | 7,445,000 | 7,671,000 | 8,689,000 | 11,464,000 |
| Securities available for sale | 50,946,000 | 56,556,000 | 59,764,000 | 62,086,000 |
| Securities held to maturity | 31,377,000 | 31,000,000 | 26,544,000 | 26,870,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 452,647,000 | 447,272,000 | 442,480,000 | 441,914,000 |
| Interest-bearing deposits | 349,217,000 | 344,920,000 | 343,279,000 | 338,184,000 |
| Noninterest-bearing deposits | 103,430,000 | 102,352,000 | 99,201,000 | 103,730,000 |
| Equity capital | 51,803,000 | 53,405,000 | 54,197,000 | 52,433,000 |
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 | 5,236,000 | 10,292,000 | 15,488,000 | 20,636,000 |
| Interest expense | 565,000 | 1,151,000 | 1,764,000 | 2,381,000 |
| Net interest income | 4,671,000 | 9,141,000 | 13,724,000 | 18,255,000 |
| Noninterest income | 817,000 | 1,881,000 | 2,666,000 | 3,451,000 |
| Noninterest expense | 3,005,000 | 6,189,000 | 9,324,000 | 12,564,000 |
| Provision for loan losses | 411,000 | 569,000 | 1,592,000 | 4,467,000 |
| Pretax income | 2,072,000 | 4,264,000 | 5,474,000 | 4,675,000 |
| Income tax | 673,000 | 1,389,000 | 1,786,000 | 1,448,000 |
| Net income | 1,399,000 | 2,875,000 | 3,688,000 | 3,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,800,000 | 53,298,000 | 54,134,000 | 52,668,000 |
| Total capital | 56,222,000 | 57,757,000 | 58,589,000 | 57,132,000 |
| Risk-weighted assets | 350,763,000 | 353,541,000 | 352,147,000 | 350,158,000 |