Call reports 2016
1ST EQUITY BANK — 2016
What 1ST EQUITY 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 | 93,732,000 | 92,475,000 | 93,659,000 | 92,091,000 |
| Total loans | 70,628,000 | 76,216,000 | 79,396,000 | 79,083,000 |
| Allowance for loan losses | 833,000 | 839,000 | 854,000 | 900,000 |
| Securities available for sale | 1,594,000 | 1,581,000 | 337,000 | 326,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,232,000 | 74,950,000 | 75,099,000 | 73,752,000 |
| Interest-bearing deposits | 65,949,000 | 65,661,000 | 65,570,000 | 63,334,000 |
| Noninterest-bearing deposits | 10,283,000 | 9,289,000 | 9,529,000 | 10,418,000 |
| Equity capital | 14,394,000 | 14,409,000 | 14,383,000 | 14,238,000 |
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 | 845,000 | 1,741,000 | 2,649,000 | 3,487,000 |
| Interest expense | 115,000 | 230,000 | 345,000 | 467,000 |
| Net interest income | 730,000 | 1,511,000 | 2,304,000 | 3,020,000 |
| Noninterest income | 29,000 | 56,000 | 93,000 | 109,000 |
| Noninterest expense | 453,000 | 952,000 | 1,486,000 | 2,014,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 64,000 |
| Pretax income | 306,000 | 615,000 | 927,000 | 1,082,000 |
| Income tax | 4,000 | 9,000 | 14,000 | 15,000 |
| Net income | 302,000 | 606,000 | 913,000 | 1,067,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,394,000 | 14,409,000 | 14,383,000 | 14,238,000 |
| Total capital | 15,226,000 | 15,248,000 | 15,237,000 | 15,138,000 |
| Risk-weighted assets | 66,557,000 | 71,984,000 | 75,178,000 | 73,143,000 |