Call reports 2016
TRANSACT BANK, NATIONAL ASSOCIATION — 2016
What TRANSACT BANK, NATIONAL ASSOCIATION 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 | 62,635,000 | 57,915,000 | 61,690,000 | 56,417,000 |
| Total loans | 44,032,000 | 41,358,000 | 40,465,000 | 36,103,000 |
| Allowance for loan losses | 393,000 | 390,000 | 390,000 | 390,000 |
| Securities available for sale | 5,433,000 | 5,219,000 | 3,096,000 | 2,932,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,706,000 | 51,052,000 | 55,187,000 | 49,801,000 |
| Interest-bearing deposits | 31,688,000 | 30,470,000 | 31,946,000 | 31,410,000 |
| Noninterest-bearing deposits | 19,018,000 | 20,582,000 | 23,241,000 | 18,391,000 |
| Equity capital | 5,934,000 | 5,729,000 | 5,541,000 | 5,615,000 |
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 | 452,000 | 1,094,000 | 1,627,000 | 2,189,000 |
| Interest expense | 29,000 | 55,000 | 79,000 | 104,000 |
| Net interest income | 423,000 | 1,039,000 | 1,548,000 | 2,085,000 |
| Noninterest income | 939,000 | 1,574,000 | 1,982,000 | 2,641,000 |
| Noninterest expense | 1,636,000 | 3,097,000 | 4,201,000 | 5,303,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 25,000 |
| Pretax income | -299,000 | -509,000 | -696,000 | -602,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -299,000 | -509,000 | -696,000 | -602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,340,000 | 5,159,000 | 5,003,000 | 5,093,000 |
| Total capital | 5,761,000 | 5,555,000 | 5,374,000 | 5,438,000 |
| Risk-weighted assets | 34,443,000 | 31,540,000 | 29,570,000 | 27,418,000 |