Call reports 2016
HANOVER COMMUNITY BANK — 2016
What HANOVER COMMUNITY 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 | 291,973,000 | 327,567,000 | 362,183,000 | 380,901,000 |
| Total loans | 264,435,000 | 300,430,000 | 319,372,000 | 320,776,000 |
| Allowance for loan losses | 2,730,000 | 3,045,000 | 3,420,000 | 3,645,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,500,000 | 1,500,000 | 1,500,000 | 12,415,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,605,000 | 264,717,000 | 269,946,000 | 287,717,000 |
| Interest-bearing deposits | 212,621,000 | 238,571,000 | 245,589,000 | 264,821,000 |
| Noninterest-bearing deposits | 27,984,000 | 26,146,000 | 24,357,000 | 22,896,000 |
| Equity capital | 30,937,000 | 31,460,000 | 39,063,000 | 39,673,000 |
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 | 3,083,000 | 6,496,000 | 10,330,000 | 14,242,000 |
| Interest expense | 713,000 | 1,546,000 | 2,483,000 | 3,491,000 |
| Net interest income | 2,370,000 | 4,950,000 | 7,847,000 | 10,751,000 |
| Noninterest income | 32,000 | 274,000 | 676,000 | 1,052,000 |
| Noninterest expense | 1,469,000 | 3,201,000 | 5,211,000 | 7,327,000 |
| Provision for loan losses | 300,000 | 600,000 | 975,000 | 1,200,000 |
| Pretax income | 633,000 | 1,423,000 | 2,337,000 | 3,276,000 |
| Income tax | 224,000 | 503,000 | 826,000 | 1,169,000 |
| Net income | 409,000 | 920,000 | 1,511,000 | 2,107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,774,000 | 29,665,000 | 37,673,000 | 38,689,000 |
| Total capital | 31,000,000 | 32,178,000 | 40,343,000 | 41,440,000 |
| Risk-weighted assets | 176,714,000 | 199,748,000 | 212,269,000 | 218,710,000 |