Call reports 2016
HURON STATE BANK — 2016
What HURON 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 | 62,829,000 | 63,655,000 | 65,120,000 | 62,873,000 |
| Total loans | 44,905,000 | 44,777,000 | 45,098,000 | 45,008,000 |
| Allowance for loan losses | 632,000 | 679,000 | 679,000 | 606,000 |
| Securities available for sale | 4,270,000 | 3,883,000 | 3,869,000 | 3,777,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,737,000 | 54,393,000 | 55,651,000 | 53,680,000 |
| Interest-bearing deposits | 44,030,000 | 44,900,000 | 45,266,000 | 44,338,000 |
| Noninterest-bearing deposits | 9,708,000 | 9,492,000 | 10,385,000 | 9,342,000 |
| Equity capital | 8,930,000 | 9,121,000 | 9,333,000 | 9,086,000 |
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 | 709,000 | 1,448,000 | 2,153,000 | 2,854,000 |
| Interest expense | 91,000 | 176,000 | 269,000 | 357,000 |
| Net interest income | 618,000 | 1,272,000 | 1,884,000 | 2,497,000 |
| Noninterest income | 51,000 | 97,000 | 166,000 | 209,000 |
| Noninterest expense | 323,000 | 652,000 | 984,000 | 1,339,000 |
| Provision for loan losses | 49,000 | 139,000 | 181,000 | 214,000 |
| Pretax income | 297,000 | 578,000 | 885,000 | 1,153,000 |
| Income tax | 93,000 | 186,000 | 279,000 | 392,000 |
| Net income | 204,000 | 392,000 | 606,000 | 761,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,875,000 | 9,045,000 | 9,406,000 | 9,087,000 |
| Total capital | 9,507,000 | 9,724,000 | 10,085,000 | 9,693,000 |
| Risk-weighted assets | 58,450,000 | 58,635,000 | 60,056,000 | 59,460,000 |