Call reports 2016
FAIRFIELD NATIONAL BANK, THE — 2016
What FAIRFIELD NATIONAL BANK, THE 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 | 502,766,000 | 504,224,000 | 496,102,000 | 494,028,000 |
| Total loans | 263,721,000 | 268,738,000 | 287,539,000 | 293,902,000 |
| Allowance for loan losses | 1,114,000 | 1,004,000 | 1,206,000 | 1,271,000 |
| Securities available for sale | 196,751,000 | 201,507,000 | 175,203,000 | 164,601,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 319,447,000 | 323,382,000 | 315,504,000 | 322,718,000 |
| Interest-bearing deposits | 297,186,000 | 300,113,000 | 293,364,000 | 298,263,000 |
| Noninterest-bearing deposits | 22,261,000 | 23,270,000 | 22,140,000 | 24,455,000 |
| Equity capital | 54,018,000 | 55,959,000 | 57,220,000 | 55,272,000 |
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 | 4,005,000 | 8,115,000 | 12,260,000 | 16,428,000 |
| Interest expense | 816,000 | 1,664,000 | 2,546,000 | 3,427,000 |
| Net interest income | 3,189,000 | 6,451,000 | 9,714,000 | 13,001,000 |
| Noninterest income | 473,000 | 844,000 | 1,611,000 | 1,978,000 |
| Noninterest expense | 1,627,000 | 3,364,000 | 5,205,000 | 6,962,000 |
| Provision for loan losses | 0 | 0 | 200,000 | 400,000 |
| Pretax income | 2,151,000 | 4,145,000 | 6,447,000 | 8,169,000 |
| Income tax | 583,000 | 1,096,000 | 1,722,000 | 2,138,000 |
| Net income | 1,568,000 | 3,049,000 | 4,725,000 | 6,031,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,286,000 | 50,263,000 | 51,976,000 | 52,668,000 |
| Total capital | 50,400,000 | 51,267,000 | 53,182,000 | 53,939,000 |
| Risk-weighted assets | 212,941,000 | 217,153,000 | 224,164,000 | 226,672,000 |