Call reports 2016
MORGANTON SAVINGS BANK, S.S.B. — 2016
What MORGANTON SAVINGS BANK, S.S.B. 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 | 78,227,000 | 76,716,000 | 77,678,000 | 78,595,000 |
| Total loans | 42,682,000 | 40,465,000 | 40,362,000 | 41,190,000 |
| Allowance for loan losses | 1,402,000 | 1,550,000 | 1,508,000 | 825,000 |
| Securities available for sale | 9,360,000 | 9,063,000 | 13,927,000 | 13,511,000 |
| Securities held to maturity | 1,430,000 | 4,423,000 | 201,000 | 201,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,916,000 | 50,538,000 | 51,369,000 | 52,499,000 |
| Interest-bearing deposits | 48,782,000 | 46,671,000 | 47,573,000 | 47,307,000 |
| Noninterest-bearing deposits | 3,134,000 | 3,867,000 | 3,796,000 | 5,192,000 |
| Equity capital | 23,925,000 | 24,001,000 | 24,114,000 | 23,948,000 |
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 | 641,000 | 1,347,000 | 1,959,000 | 2,563,000 |
| Interest expense | 47,000 | 93,000 | 140,000 | 187,000 |
| Net interest income | 594,000 | 1,254,000 | 1,819,000 | 2,376,000 |
| Noninterest income | 110,000 | 200,000 | 314,000 | 432,000 |
| Noninterest expense | 586,000 | 1,194,000 | 1,836,000 | 2,419,000 |
| Provision for loan losses | 50,000 | 212,000 | 242,000 | 425,000 |
| Pretax income | 83,000 | 87,000 | 90,000 | -1,000 |
| Income tax | 26,000 | 19,000 | -1,000 | -14,000 |
| Net income | 57,000 | 68,000 | 91,000 | 13,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,579,000 | 24,695,000 | 24,722,000 | 24,296,000 |
| Total capital | 25,364,000 | 25,477,000 | 25,515,000 | 25,095,000 |
| Risk-weighted assets | 62,211,000 | 61,791,000 | 61,710,000 | 61,500,000 |