Call reports 2016
MORGAN FEDERAL BANK — 2016
What MORGAN FEDERAL 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 | 117,305,000 | 117,367,000 | 116,016,000 | 113,379,000 |
| Total loans | 50,275,000 | 52,347,000 | 53,246,000 | 52,551,000 |
| Allowance for loan losses | 365,000 | 365,000 | 365,000 | 365,000 |
| Securities available for sale | 54,039,000 | 52,607,000 | 49,956,000 | 46,614,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,460,000 | 93,103,000 | 92,259,000 | 97,057,000 |
| Interest-bearing deposits | 80,197,000 | 78,243,000 | 77,809,000 | 81,559,000 |
| Noninterest-bearing deposits | 15,263,000 | 14,860,000 | 14,450,000 | 15,498,000 |
| Equity capital | 12,369,000 | 12,964,000 | 12,898,000 | 12,300,000 |
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 | 887,000 | 1,780,000 | 2,669,000 | 3,547,000 |
| Interest expense | 149,000 | 295,000 | 424,000 | 540,000 |
| Net interest income | 738,000 | 1,485,000 | 2,245,000 | 3,007,000 |
| Noninterest income | 289,000 | 737,000 | 1,128,000 | 1,433,000 |
| Noninterest expense | 914,000 | 1,817,000 | 2,721,000 | 3,595,000 |
| Provision for loan losses | 0 | 0 | 0 | 2,000 |
| Pretax income | 114,000 | 445,000 | 692,000 | 883,000 |
| Income tax | -63,000 | 22,000 | 62,000 | 93,000 |
| Net income | 177,000 | 423,000 | 630,000 | 790,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,998,000 | 12,143,000 | 12,251,000 | 12,313,000 |
| Total capital | 12,363,000 | 12,508,000 | 12,616,000 | 12,678,000 |
| Risk-weighted assets | 66,938,000 | 69,516,000 | 68,977,000 | 68,782,000 |