Call reports 2016
FLAGSHIP BANK — 2016
What FLAGSHIP 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 | 104,698,000 | 110,321,000 | 105,684,000 | 112,595,000 |
| Total loans | 82,715,000 | 85,387,000 | 85,155,000 | 92,115,000 |
| Allowance for loan losses | 888,000 | 900,000 | 885,000 | 954,000 |
| Securities available for sale | 0 | 0 | 4,992,000 | 4,859,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,348,000 | 96,852,000 | 91,989,000 | 93,195,000 |
| Interest-bearing deposits | 76,460,000 | 82,470,000 | 76,001,000 | 79,662,000 |
| Noninterest-bearing deposits | 14,887,000 | 14,382,000 | 15,989,000 | 13,533,000 |
| Equity capital | 13,004,000 | 13,122,000 | 13,284,000 | 13,200,000 |
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 | 1,083,000 | 2,184,000 | 3,424,000 | 4,625,000 |
| Interest expense | 149,000 | 305,000 | 444,000 | 581,000 |
| Net interest income | 934,000 | 1,879,000 | 2,980,000 | 4,044,000 |
| Noninterest income | 61,000 | 227,000 | 249,000 | 374,000 |
| Noninterest expense | 898,000 | 1,835,000 | 2,723,000 | 3,575,000 |
| Provision for loan losses | 3,000 | 5,000 | -8,000 | 349,000 |
| Pretax income | 94,000 | 266,000 | 514,000 | 494,000 |
| Income tax | 38,000 | 106,000 | 202,000 | 198,000 |
| Net income | 56,000 | 160,000 | 312,000 | 296,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,994,000 | 12,113,000 | 12,280,000 | 12,463,000 |
| Total capital | 12,887,000 | 13,022,000 | 13,173,000 | 13,426,000 |
| Risk-weighted assets | 86,916,000 | 90,638,000 | 88,011,000 | 93,167,000 |