Call reports 2016
COGENT BANK — 2016
What COGENT 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 | 126,460,000 | 118,800,000 | 107,455,000 | 105,465,000 |
| Total loans | 73,489,000 | 68,105,000 | 64,677,000 | 64,958,000 |
| Allowance for loan losses | 2,897,000 | 2,813,000 | 2,827,000 | 2,821,000 |
| Securities available for sale | 40,492,000 | 36,361,000 | 34,064,000 | 30,886,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,382,000 | 110,759,000 | 102,426,000 | 93,443,000 |
| Interest-bearing deposits | 109,444,000 | 102,457,000 | 95,333,000 | 86,496,000 |
| Noninterest-bearing deposits | 8,938,000 | 8,303,000 | 7,093,000 | 6,947,000 |
| Equity capital | 2,671,000 | 2,672,000 | 2,608,000 | 1,717,000 |
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 | 1,245,000 | 2,292,000 | 3,193,000 | 4,060,000 |
| Interest expense | 331,000 | 598,000 | 818,000 | 1,018,000 |
| Net interest income | 914,000 | 1,694,000 | 2,375,000 | 3,042,000 |
| Noninterest income | -17,000 | 27,000 | 47,000 | 143,000 |
| Noninterest expense | 1,131,000 | 2,153,000 | 3,076,000 | 3,952,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -250,000 | -414,000 | -631,000 | -744,000 |
| Income tax | 0 | 0 | 11,000 | 11,000 |
| Net income | -250,000 | -414,000 | -642,000 | -755,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,991,000 | 2,828,000 | 2,600,000 | 2,487,000 |
| Total capital | 3,916,000 | 3,653,000 | 3,367,000 | 3,270,000 |
| Risk-weighted assets | 72,045,000 | 64,036,000 | 59,279,000 | 60,614,000 |