Call reports 2016
SOLON STATE BANK — 2016
What SOLON STATE 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 | 90,615,000 | 92,143,000 | 91,814,000 | 90,652,000 |
| Total loans | 52,395,000 | 53,597,000 | 54,185,000 | 54,086,000 |
| Allowance for loan losses | 638,000 | 717,000 | 515,000 | 588,000 |
| Securities available for sale | 29,840,000 | 31,163,000 | 31,278,000 | 29,184,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,842,000 | 69,066,000 | 67,576,000 | 67,733,000 |
| Interest-bearing deposits | 52,887,000 | 52,656,000 | 51,856,000 | 51,476,000 |
| Noninterest-bearing deposits | 14,955,000 | 16,410,000 | 15,720,000 | 16,257,000 |
| Equity capital | 22,591,000 | 22,885,000 | 22,951,000 | 21,846,000 |
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 | 1,186,000 | 2,312,000 | 3,511,000 | 4,529,000 |
| Interest expense | 66,000 | 132,000 | 196,000 | 258,000 |
| Net interest income | 1,120,000 | 2,180,000 | 3,315,000 | 4,271,000 |
| Noninterest income | 254,000 | 344,000 | 444,000 | 560,000 |
| Noninterest expense | 586,000 | 1,177,000 | 1,730,000 | 2,467,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 782,000 | 1,266,000 | 1,878,000 | 2,194,000 |
| Income tax | 15,000 | 53,000 | 82,000 | 110,000 |
| Net income | 767,000 | 1,213,000 | 1,796,000 | 2,084,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,976,000 | 20,721,000 | 20,954,000 | 20,891,000 |
| Total capital | 21,614,000 | 21,438,000 | 21,469,000 | 21,479,000 |
| Risk-weighted assets | 64,305,000 | 65,486,000 | 85,666,000 | 84,964,000 |