Call reports 2016
ULSTER SAVINGS BANK — 2016
What ULSTER SAVINGS 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 | 774,153,000 | 790,403,000 | 814,883,000 | 817,813,000 |
| Total loans | 568,572,000 | 577,447,000 | 584,933,000 | 604,549,000 |
| Allowance for loan losses | 7,684,000 | 7,305,000 | 7,644,000 | 8,092,000 |
| Securities available for sale | 89,080,000 | 86,045,000 | 80,915,000 | 74,191,000 |
| Securities held to maturity | 11,771,000 | 11,155,000 | 10,553,000 | 9,919,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 658,440,000 | 680,028,000 | 703,633,000 | 707,287,000 |
| Interest-bearing deposits | 575,914,000 | 588,989,000 | 590,665,000 | 610,277,000 |
| Noninterest-bearing deposits | 82,526,000 | 91,039,000 | 112,968,000 | 97,010,000 |
| Equity capital | 92,776,000 | 93,171,000 | 93,156,000 | 92,884,000 |
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 | 6,874,000 | 13,839,000 | 20,888,000 | 27,981,000 |
| Interest expense | 716,000 | 1,475,000 | 2,308,000 | 3,121,000 |
| Net interest income | 6,158,000 | 12,364,000 | 18,580,000 | 24,860,000 |
| Noninterest income | 4,060,000 | 8,239,000 | 12,701,000 | 16,654,000 |
| Noninterest expense | 9,324,000 | 19,335,000 | 29,263,000 | 38,543,000 |
| Provision for loan losses | 523,000 | 778,000 | 1,341,000 | 1,847,000 |
| Pretax income | 371,000 | 490,000 | 677,000 | 1,124,000 |
| Income tax | 79,000 | -18,000 | -5,000 | 13,000 |
| Net income | 292,000 | 508,000 | 682,000 | 1,111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,978,000 | 88,654,000 | 88,671,000 | 86,637,000 |
| Total capital | 94,621,000 | 95,276,000 | 95,281,000 | 93,318,000 |
| Risk-weighted assets | 528,448,000 | 527,446,000 | 526,116,000 | 530,437,000 |