Call reports 2016
MOUNTAIN COMMERCE BANK — 2016
What MOUNTAIN COMMERCE 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 | 516,758,000 | 542,652,000 | 576,976,000 | 619,095,000 |
| Total loans | 432,708,000 | 470,834,000 | 495,669,000 | 515,511,000 |
| Allowance for loan losses | 5,387,000 | 5,396,000 | 5,374,000 | 5,281,000 |
| Securities available for sale | 37,484,000 | 34,461,000 | 32,923,000 | 43,858,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 457,946,000 | 481,546,000 | 513,549,000 | 541,153,000 |
| Interest-bearing deposits | 393,682,000 | 415,906,000 | 444,817,000 | 467,171,000 |
| Noninterest-bearing deposits | 64,264,000 | 65,640,000 | 68,732,000 | 73,982,000 |
| Equity capital | 46,247,000 | 47,612,000 | 50,054,000 | 64,818,000 |
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 | 5,262,000 | 10,972,000 | 16,934,000 | 23,186,000 |
| Interest expense | 864,000 | 1,789,000 | 2,805,000 | 3,874,000 |
| Net interest income | 4,398,000 | 9,183,000 | 14,129,000 | 19,312,000 |
| Noninterest income | 386,000 | 540,000 | 575,000 | 567,000 |
| Noninterest expense | 3,030,000 | 5,967,000 | 9,019,000 | 12,201,000 |
| Provision for loan losses | 158,000 | 158,000 | 158,000 | 157,000 |
| Pretax income | 1,604,000 | 3,641,000 | 5,625,000 | 7,619,000 |
| Income tax | 609,000 | 1,402,000 | 2,154,000 | 2,893,000 |
| Net income | 995,000 | 2,239,000 | 3,471,000 | 4,726,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,487,000 | 46,976,000 | 49,573,000 | 64,498,000 |
| Total capital | 50,771,000 | 52,372,000 | 54,947,000 | 69,779,000 |
| Risk-weighted assets | 422,470,000 | 468,767,000 | 503,113,000 | 527,666,000 |