Call reports 2016
ASCENT BANK — 2016
What ASCENT 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 | 40,050,000 | 39,550,000 | 45,179,000 | 47,704,000 |
| Total loans | 28,200,000 | 27,731,000 | 29,623,000 | 31,152,000 |
| Allowance for loan losses | 438,000 | 421,000 | 23,000 | 70,000 |
| Securities available for sale | 3,254,000 | 3,768,000 | 5,695,000 | 7,277,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,370,000 | 34,875,000 | 37,722,000 | 40,160,000 |
| Interest-bearing deposits | 24,244,000 | 23,902,000 | 25,950,000 | 27,681,000 |
| Noninterest-bearing deposits | 11,126,000 | 10,973,000 | 11,772,000 | 12,479,000 |
| Equity capital | 4,411,000 | 4,422,000 | 7,246,000 | 7,265,000 |
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 | 432,000 | 872,000 | 453,000 | 939,000 |
| Interest expense | 20,000 | 39,000 | 20,000 | 40,000 |
| Net interest income | 412,000 | 833,000 | 433,000 | 899,000 |
| Noninterest income | 18,000 | -43,000 | 17,000 | 27,000 |
| Noninterest expense | 345,000 | 693,000 | 335,000 | 729,000 |
| Provision for loan losses | 0 | 0 | 23,000 | 70,000 |
| Pretax income | 85,000 | 97,000 | 92,000 | 127,000 |
| Income tax | 0 | 0 | 40,000 | 48,000 |
| Net income | 85,000 | 97,000 | 52,000 | 79,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,403,000 | 4,417,000 | 6,341,000 | 6,376,000 |
| Total capital | 4,724,000 | 4,737,000 | 6,364,000 | 6,446,000 |
| Risk-weighted assets | 25,580,000 | 25,500,000 | 28,782,000 | 29,374,000 |