Call reports 2016
ION BANK — 2016
What ION 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 | 1,135,387,000 | 1,164,781,000 | 1,183,532,000 | 1,206,170,000 |
| Total loans | 923,186,000 | 959,706,000 | 984,372,000 | 1,000,871,000 |
| Allowance for loan losses | 12,432,000 | 12,557,000 | 12,729,000 | 9,248,000 |
| Securities available for sale | 93,928,000 | 91,556,000 | 87,480,000 | 88,710,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 0 |
| Trading assets | 228,000 | 53,000 | 53,000 | 1,704,000 |
| Total deposits | 903,438,000 | 914,864,000 | 945,713,000 | 977,994,000 |
| Interest-bearing deposits | 701,075,000 | 708,636,000 | 732,909,000 | 757,198,000 |
| Noninterest-bearing deposits | 202,363,000 | 206,228,000 | 212,804,000 | 220,796,000 |
| Equity capital | 93,135,000 | 94,175,000 | 96,283,000 | 100,600,000 |
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 | 9,808,000 | 19,744,000 | 29,882,000 | 41,410,000 |
| Interest expense | 1,330,000 | 2,647,000 | 4,037,000 | 5,501,000 |
| Net interest income | 8,478,000 | 17,097,000 | 25,845,000 | 35,909,000 |
| Noninterest income | 2,213,000 | 4,414,000 | 6,857,000 | 8,383,000 |
| Noninterest expense | 8,638,000 | 17,020,000 | 25,280,000 | 35,557,000 |
| Provision for loan losses | 225,000 | 450,000 | 775,000 | 1,300,000 |
| Pretax income | 2,375,000 | 4,849,000 | 7,455,000 | 9,677,000 |
| Income tax | 798,000 | 1,583,000 | 2,435,000 | 2,704,000 |
| Net income | 1,577,000 | 3,266,000 | 5,020,000 | 6,973,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,636,000 | 107,325,000 | 109,080,000 | 111,033,000 |
| Total capital | 117,058,000 | 119,186,000 | 121,310,000 | 120,514,000 |
| Risk-weighted assets | 878,040,000 | 915,471,000 | 934,892,000 | 960,806,000 |