Call reports 2016
FEDERATION BANK — 2016
What FEDERATION 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 | 117,335,000 | 115,147,000 | 116,214,000 | 117,674,000 |
| Total loans | 70,572,000 | 71,431,000 | 69,147,000 | 69,346,000 |
| Allowance for loan losses | 726,000 | 777,000 | 783,000 | 872,000 |
| Securities available for sale | 33,588,000 | 31,681,000 | 32,433,000 | 33,306,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,175,000 | 95,247,000 | 96,765,000 | 98,464,000 |
| Interest-bearing deposits | 81,293,000 | 78,875,000 | 80,662,000 | 81,859,000 |
| Noninterest-bearing deposits | 16,882,000 | 16,372,000 | 16,103,000 | 16,605,000 |
| Equity capital | 11,404,000 | 11,456,000 | 11,441,000 | 10,823,000 |
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 | 1,058,000 | 2,357,000 | 3,374,000 | 4,393,000 |
| Interest expense | 107,000 | 212,000 | 343,000 | 442,000 |
| Net interest income | 951,000 | 2,145,000 | 3,031,000 | 3,951,000 |
| Noninterest income | 146,000 | 570,000 | 773,000 | 947,000 |
| Noninterest expense | 810,000 | 1,638,000 | 2,484,000 | 3,304,000 |
| Provision for loan losses | 0 | 50,000 | 55,000 | 154,000 |
| Pretax income | 291,000 | 1,057,000 | 1,295,000 | 1,470,000 |
| Income tax | 14,000 | 49,000 | 60,000 | 69,000 |
| Net income | 277,000 | 1,008,000 | 1,235,000 | 1,401,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,814,000 | 9,745,000 | 9,820,000 | 9,936,000 |
| Total capital | 10,541,000 | 10,522,000 | 10,603,000 | 10,808,000 |
| Risk-weighted assets | 89,632,000 | 89,345,000 | 88,681,000 | 90,778,000 |