Call reports 2016
FIRSTATLANTIC BANK — 2016
What FIRSTATLANTIC 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 | 424,665,000 | 429,932,000 | 435,255,000 | 436,951,000 |
| Total loans | 303,558,000 | 314,152,000 | 310,996,000 | 310,694,000 |
| Allowance for loan losses | 2,189,000 | 2,204,000 | 2,190,000 | 2,279,000 |
| Securities available for sale | 74,368,000 | 59,969,000 | 73,688,000 | 78,861,000 |
| Securities held to maturity | 7,447,000 | 7,280,000 | 7,234,000 | 7,187,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 354,381,000 | 358,738,000 | 354,321,000 | 357,860,000 |
| Interest-bearing deposits | 260,773,000 | 253,318,000 | 257,694,000 | 255,493,000 |
| Noninterest-bearing deposits | 93,608,000 | 105,420,000 | 96,627,000 | 102,367,000 |
| Equity capital | 55,463,000 | 56,560,000 | 57,322,000 | 53,191,000 |
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 | 4,481,000 | 9,024,000 | 13,557,000 | 18,413,000 |
| Interest expense | 360,000 | 721,000 | 1,088,000 | 1,474,000 |
| Net interest income | 4,121,000 | 8,303,000 | 12,469,000 | 16,939,000 |
| Noninterest income | 349,000 | 662,000 | 985,000 | 1,284,000 |
| Noninterest expense | 3,044,000 | 6,093,000 | 9,116,000 | 12,111,000 |
| Provision for loan losses | 155,000 | 277,000 | 277,000 | 357,000 |
| Pretax income | 1,271,000 | 2,968,000 | 4,434,000 | 6,128,000 |
| Income tax | 483,000 | 1,128,000 | 1,684,000 | 2,325,000 |
| Net income | 788,000 | 1,840,000 | 2,750,000 | 3,803,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,510,000 | 54,622,000 | 55,637,000 | 52,981,000 |
| Total capital | 55,699,000 | 56,826,000 | 57,827,000 | 55,260,000 |
| Risk-weighted assets | 315,423,000 | 323,776,000 | 323,824,000 | 319,651,000 |