Call reports 2016
WEST UNION BANK — 2016
What WEST UNION 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 | 163,992,000 | 165,366,000 | 165,027,000 | 169,861,000 |
| Total loans | 80,881,000 | 80,614,000 | 80,343,000 | 79,033,000 |
| Allowance for loan losses | 735,000 | 747,000 | 771,000 | 1,068,000 |
| Securities available for sale | 59,039,000 | 62,418,000 | 60,896,000 | 70,444,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,406,000 | 146,097,000 | 145,485,000 | 150,008,000 |
| Interest-bearing deposits | 99,929,000 | 97,342,000 | 96,194,000 | 101,638,000 |
| Noninterest-bearing deposits | 45,477,000 | 48,755,000 | 49,291,000 | 48,370,000 |
| Equity capital | 14,286,000 | 14,548,000 | 14,882,000 | 13,428,000 |
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 | 1,257,000 | 2,524,000 | 3,813,000 | 5,122,000 |
| Interest expense | 103,000 | 208,000 | 313,000 | 420,000 |
| Net interest income | 1,154,000 | 2,316,000 | 3,500,000 | 4,702,000 |
| Noninterest income | 206,000 | 421,000 | 670,000 | 945,000 |
| Noninterest expense | 1,035,000 | 2,202,000 | 3,279,000 | 4,436,000 |
| Provision for loan losses | 25,000 | 55,000 | 95,000 | 496,000 |
| Pretax income | 335,000 | 516,000 | 835,000 | 754,000 |
| Income tax | 54,000 | 71,000 | 114,000 | 22,000 |
| Net income | 281,000 | 445,000 | 721,000 | 732,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,940,000 | 14,104,000 | 14,380,000 | 14,069,000 |
| Total capital | 14,691,000 | 14,867,000 | 15,166,000 | 15,153,000 |
| Risk-weighted assets | 92,763,000 | 91,512,000 | 91,859,000 | 92,603,000 |