Call reports 2016
SAGE BANK — 2016
What SAGE 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 | 156,731,000 | 157,881,000 | 155,735,000 | 145,515,000 |
| Total loans | 132,716,000 | 130,950,000 | 130,403,000 | 121,734,000 |
| Allowance for loan losses | 922,000 | 877,000 | 880,000 | 812,000 |
| Securities available for sale | 775,000 | 776,000 | 276,000 | 275,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,013,000 | 110,314,000 | 107,343,000 | 103,861,000 |
| Interest-bearing deposits | 100,958,000 | 99,842,000 | 97,316,000 | 94,233,000 |
| Noninterest-bearing deposits | 11,055,000 | 10,472,000 | 10,027,000 | 9,628,000 |
| Equity capital | 11,980,000 | 12,303,000 | 12,885,000 | 12,635,000 |
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 | 1,571,000 | 3,047,000 | 4,516,000 | 5,924,000 |
| Interest expense | 355,000 | 718,000 | 1,107,000 | 1,457,000 |
| Net interest income | 1,216,000 | 2,329,000 | 3,409,000 | 4,467,000 |
| Noninterest income | 3,176,000 | 7,548,000 | 12,096,000 | 15,356,000 |
| Noninterest expense | 5,009,000 | 10,216,000 | 15,260,000 | 19,971,000 |
| Provision for loan losses | -43,000 | -88,000 | -85,000 | -151,000 |
| Pretax income | -574,000 | -251,000 | 331,000 | 67,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -574,000 | -251,000 | 331,000 | 67,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,979,000 | 12,302,000 | 12,884,000 | 12,635,000 |
| Total capital | 12,948,000 | 13,226,000 | 13,812,000 | 13,489,000 |
| Risk-weighted assets | 94,319,000 | 91,146,000 | 90,678,000 | 85,391,000 |