Call reports 2016
BANK OF THE MOUNTAINS, INC. — 2016
What BANK OF THE MOUNTAINS, INC. 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 | 68,482,000 | 67,851,000 | 67,003,000 | 66,897,000 |
| Total loans | 48,250,000 | 49,918,000 | 48,598,000 | 49,479,000 |
| Allowance for loan losses | 644,000 | 615,000 | 603,000 | 591,000 |
| Securities available for sale | 7,819,000 | 7,828,000 | 5,569,000 | 5,676,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,572,000 | 57,716,000 | 58,059,000 | 58,170,000 |
| Interest-bearing deposits | 42,248,000 | 41,818,000 | 41,116,000 | 40,893,000 |
| Noninterest-bearing deposits | 17,323,000 | 15,898,000 | 16,943,000 | 17,277,000 |
| Equity capital | 7,242,000 | 7,103,000 | 7,141,000 | 7,174,000 |
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 | 901,000 | 1,809,000 | 2,728,000 | 3,626,000 |
| Interest expense | 69,000 | 140,000 | 210,000 | 275,000 |
| Net interest income | 832,000 | 1,669,000 | 2,518,000 | 3,351,000 |
| Noninterest income | 167,000 | 309,000 | 452,000 | 625,000 |
| Noninterest expense | 779,000 | 1,562,000 | 2,378,000 | 3,182,000 |
| Provision for loan losses | 15,000 | 30,000 | 46,000 | 61,000 |
| Pretax income | 205,000 | 386,000 | 546,000 | 733,000 |
| Income tax | 64,000 | 123,000 | 175,000 | 235,000 |
| Net income | 141,000 | 263,000 | 371,000 | 498,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,251,000 | 7,091,000 | 7,135,000 | 7,087,000 |
| Total capital | 7,848,000 | 7,704,000 | 7,732,000 | 7,678,000 |
| Risk-weighted assets | 47,766,000 | 49,029,000 | 47,790,000 | 48,422,000 |