Call reports 2016
UTAH INDEPENDENT BANK — 2016
What UTAH INDEPENDENT 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 | 69,997,000 | 68,752,000 | 70,826,000 | 77,103,000 |
| Total loans | 44,503,000 | 45,609,000 | 45,513,000 | 46,530,000 |
| Allowance for loan losses | 928,000 | 896,000 | 894,000 | 892,000 |
| Securities available for sale | 5,020,000 | 4,032,000 | 4,518,000 | 5,821,000 |
| Securities held to maturity | 3,633,000 | 3,552,000 | 3,297,000 | 3,153,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,228,000 | 57,547,000 | 59,264,000 | 65,864,000 |
| Interest-bearing deposits | 43,266,000 | 41,631,000 | 42,337,000 | 48,656,000 |
| Noninterest-bearing deposits | 15,962,000 | 15,916,000 | 16,927,000 | 17,208,000 |
| Equity capital | 9,875,000 | 10,268,000 | 10,583,000 | 10,123,000 |
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 | 744,000 | 1,507,000 | 2,278,000 | 3,055,000 |
| Interest expense | 29,000 | 58,000 | 88,000 | 119,000 |
| Net interest income | 715,000 | 1,449,000 | 2,190,000 | 2,936,000 |
| Noninterest income | 180,000 | 351,000 | 563,000 | 735,000 |
| Noninterest expense | 648,000 | 1,183,000 | 1,815,000 | 2,560,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 247,000 | 617,000 | 938,000 | 1,113,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 247,000 | 617,000 | 938,000 | 1,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,881,000 | 10,255,000 | 10,577,000 | 10,214,000 |
| Total capital | 10,581,000 | 10,964,000 | 11,306,000 | 11,017,000 |
| Risk-weighted assets | 55,729,000 | 56,576,000 | 58,137,000 | 64,143,000 |