Call reports 2016
PORTAGE COMMUNITY BANK — 2016
What PORTAGE COMMUNITY 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 | 303,330,000 | 297,154,000 | 315,186,000 | 316,518,000 |
| Total loans | 210,386,000 | 217,026,000 | 221,600,000 | 221,229,000 |
| Allowance for loan losses | 2,846,000 | 2,801,000 | 2,818,000 | 2,815,000 |
| Securities available for sale | 57,588,000 | 57,285,000 | 61,252,000 | 66,595,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,468,000 | 245,209,000 | 261,589,000 | 263,454,000 |
| Interest-bearing deposits | 210,688,000 | 206,583,000 | 218,525,000 | 221,687,000 |
| Noninterest-bearing deposits | 41,780,000 | 38,626,000 | 43,064,000 | 41,767,000 |
| Equity capital | 32,757,000 | 33,730,000 | 34,410,000 | 33,973,000 |
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 | 2,847,000 | 5,647,000 | 8,504,000 | 11,366,000 |
| Interest expense | 369,000 | 750,000 | 1,149,000 | 1,558,000 |
| Net interest income | 2,478,000 | 4,897,000 | 7,355,000 | 9,808,000 |
| Noninterest income | 318,000 | 797,000 | 1,293,000 | 1,779,000 |
| Noninterest expense | 1,939,000 | 3,881,000 | 5,802,000 | 7,809,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 867,000 | 1,823,000 | 2,856,000 | 3,791,000 |
| Income tax | 222,000 | 470,000 | 739,000 | 987,000 |
| Net income | 645,000 | 1,353,000 | 2,117,000 | 2,804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,078,000 | 32,787,000 | 33,550,000 | 34,238,000 |
| Total capital | 34,649,000 | 35,428,000 | 36,281,000 | 37,002,000 |
| Risk-weighted assets | 205,402,000 | 211,099,000 | 218,428,000 | 221,075,000 |