Call reports 2016
POTOMAC BANK, INC. — 2016
What POTOMAC BANK, INC. 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 | 356,201,000 | 369,572,000 | 374,296,000 | 382,308,000 |
| Total loans | 295,734,000 | 312,878,000 | 320,474,000 | 332,599,000 |
| Allowance for loan losses | 2,577,000 | 2,725,000 | 2,944,000 | 3,202,000 |
| Securities available for sale | 28,995,000 | 27,363,000 | 25,208,000 | 22,186,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,269,000 | 320,737,000 | 326,409,000 | 333,883,000 |
| Interest-bearing deposits | 256,985,000 | 265,639,000 | 273,681,000 | 278,942,000 |
| Noninterest-bearing deposits | 53,284,000 | 55,098,000 | 52,728,000 | 54,941,000 |
| Equity capital | 31,113,000 | 31,595,000 | 31,821,000 | 31,982,000 |
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 | 3,387,000 | 6,945,000 | 10,586,000 | 14,333,000 |
| Interest expense | 424,000 | 854,000 | 1,302,000 | 1,763,000 |
| Net interest income | 2,963,000 | 6,091,000 | 9,284,000 | 12,570,000 |
| Noninterest income | 992,000 | 2,104,000 | 3,133,000 | 4,269,000 |
| Noninterest expense | 3,122,000 | 6,140,000 | 9,401,000 | 12,554,000 |
| Provision for loan losses | 100,000 | 304,000 | 565,000 | 928,000 |
| Pretax income | 776,000 | 1,827,000 | 2,572,000 | 3,478,000 |
| Income tax | 267,000 | 639,000 | 891,000 | 1,199,000 |
| Net income | 509,000 | 1,188,000 | 1,681,000 | 2,279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,185,000 | 33,705,000 | 34,015,000 | 34,408,000 |
| Total capital | 35,762,000 | 36,430,000 | 36,959,000 | 37,610,000 |
| Risk-weighted assets | 285,251,000 | 298,881,000 | 300,295,000 | 309,808,000 |