Call reports 2016
FIRST ELECTRONIC BANK — 2016
What FIRST ELECTRONIC 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 | 17,468,000 | 17,636,000 | 18,750,000 | 20,805,000 |
| Total loans | 4,275,000 | 3,314,000 | 3,603,000 | 3,599,000 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 143,000 | 145,000 | 276,000 | 267,000 |
| Securities held to maturity | 85,000 | 85,000 | 56,000 | 56,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,431,000 | 6,990,000 | 7,506,000 | 9,272,000 |
| Interest-bearing deposits | 6,974,000 | 6,621,000 | 7,031,000 | 8,992,000 |
| Noninterest-bearing deposits | 457,000 | 369,000 | 475,000 | 280,000 |
| Equity capital | 8,379,000 | 9,079,000 | 9,596,000 | 9,739,000 |
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 | 209,000 | 424,000 | 652,000 | 885,000 |
| Interest expense | 12,000 | 25,000 | 39,000 | 53,000 |
| Net interest income | 197,000 | 399,000 | 613,000 | 832,000 |
| Noninterest income | 1,578,000 | 3,279,000 | 5,181,000 | 7,378,000 |
| Noninterest expense | 1,818,000 | 3,024,000 | 5,675,000 | 7,941,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -43,000 | 654,000 | 119,000 | 269,000 |
| Income tax | 0 | 0 | -1,057,000 | -1,057,000 |
| Net income | -43,000 | 654,000 | 1,176,000 | 1,326,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,378,000 | 8,331,000 | 8,538,000 | 8,689,000 |
| Total capital | 8,378,000 | 8,331,000 | 8,538,000 | 8,689,000 |
| Risk-weighted assets | 6,024,000 | 5,812,000 | 6,448,000 | 6,728,000 |