Call reports 2016
SUNCREST BANK — 2016
What SUNCREST 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 | 296,432,000 | 316,781,000 | 353,221,000 | 447,652,000 |
| Total loans | 218,868,000 | 231,154,000 | 221,810,000 | 307,517,000 |
| Allowance for loan losses | 2,365,000 | 2,496,000 | 2,496,000 | 2,496,000 |
| Securities available for sale | 49,299,000 | 48,719,000 | 47,481,000 | 53,567,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 255,699,000 | 274,960,000 | 310,534,000 | 388,986,000 |
| Interest-bearing deposits | 172,315,000 | 187,535,000 | 201,829,000 | 266,151,000 |
| Noninterest-bearing deposits | 83,384,000 | 87,424,000 | 108,706,000 | 122,835,000 |
| Equity capital | 39,959,000 | 40,918,000 | 41,603,000 | 57,289,000 |
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 | 3,235,000 | 6,784,000 | 10,378,000 | 14,105,000 |
| Interest expense | 122,000 | 266,000 | 448,000 | 656,000 |
| Net interest income | 3,113,000 | 6,518,000 | 9,930,000 | 13,449,000 |
| Noninterest income | 129,000 | 608,000 | 957,000 | 1,102,000 |
| Noninterest expense | 2,639,000 | 5,233,000 | 7,782,000 | 11,155,000 |
| Provision for loan losses | 119,000 | 235,000 | 235,000 | 235,000 |
| Pretax income | 484,000 | 1,658,000 | 2,870,000 | 3,161,000 |
| Income tax | 214,000 | 711,000 | 1,247,000 | 1,428,000 |
| Net income | 270,000 | 947,000 | 1,623,000 | 1,733,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,455,000 | 40,334,000 | 41,067,000 | 52,095,000 |
| Total capital | 41,828,000 | 42,838,000 | 43,571,000 | 54,599,000 |
| Risk-weighted assets | 258,696,000 | 271,913,000 | 271,365,000 | 375,923,000 |