Call reports 2016
STATE BANK OF CERRO GORDO — 2016
What STATE BANK OF CERRO GORDO 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 | 26,255,000 | 26,285,000 | 27,729,000 | 27,102,000 |
| Total loans | 10,507,000 | 9,530,000 | 11,144,000 | 11,444,000 |
| Allowance for loan losses | 86,000 | 89,000 | 88,000 | 88,000 |
| Securities available for sale | 4,409,000 | 4,905,000 | 6,458,000 | 7,375,000 |
| Securities held to maturity | 4,941,000 | 4,768,000 | 4,766,000 | 3,841,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,137,000 | 22,115,000 | 23,573,000 | 23,223,000 |
| Interest-bearing deposits | 18,972,000 | 18,390,000 | 19,748,000 | 19,479,000 |
| Noninterest-bearing deposits | 3,165,000 | 3,725,000 | 3,825,000 | 3,744,000 |
| Equity capital | 4,039,000 | 4,082,000 | 4,071,000 | 3,861,000 |
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 | 199,000 | 384,000 | 578,000 | 782,000 |
| Interest expense | 7,000 | 14,000 | 20,000 | 27,000 |
| Net interest income | 192,000 | 370,000 | 558,000 | 755,000 |
| Noninterest income | 32,000 | 71,000 | 98,000 | 127,000 |
| Noninterest expense | 204,000 | 405,000 | 612,000 | 816,000 |
| Provision for loan losses | 5,000 | 8,000 | 8,000 | 8,000 |
| Pretax income | 45,000 | 58,000 | 76,000 | 98,000 |
| Income tax | 4,000 | 5,000 | 7,000 | 9,000 |
| Net income | 41,000 | 53,000 | 69,000 | 89,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,507,000 | 3,520,000 | 3,536,000 | 3,521,000 |
| Total capital | 3,594,000 | 3,611,000 | 3,626,000 | 3,615,000 |
| Risk-weighted assets | 15,297,000 | 14,856,000 | 16,493,000 | 16,564,000 |