Call reports 2015
BANK OF BURLINGTON — 2015
What BANK OF BURLINGTON reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 74,477,000 | 69,662,000 | 74,580,000 | 64,301,000 |
| Total loans | 15,353,000 | 18,492,000 | 21,242,000 | 24,768,000 |
| Allowance for loan losses | 230,000 | 230,000 | 330,000 | 425,000 |
| Securities available for sale | 24,251,000 | 23,184,000 | 18,680,000 | 13,041,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,949,000 | 63,142,000 | 67,418,000 | 57,148,000 |
| Interest-bearing deposits | 38,824,000 | 35,781,000 | 33,444,000 | 32,659,000 |
| Noninterest-bearing deposits | 28,125,000 | 27,361,000 | 33,974,000 | 24,489,000 |
| Equity capital | 7,447,000 | 6,439,000 | 7,077,000 | 7,061,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 430,000 | 857,000 | 1,287,000 | 1,739,000 |
| Interest expense | 11,000 | 20,000 | 32,000 | 46,000 |
| Net interest income | 419,000 | 837,000 | 1,255,000 | 1,693,000 |
| Noninterest income | 55,000 | 95,000 | 134,000 | 189,000 |
| Noninterest expense | 300,000 | 624,000 | 958,000 | 1,289,000 |
| Provision for loan losses | 40,000 | 40,000 | 140,000 | 235,000 |
| Pretax income | 205,000 | 339,000 | 502,000 | 691,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 205,000 | 339,000 | 502,000 | 691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,958,000 | 6,282,000 | 6,845,000 | 7,034,000 |
| Total capital | 7,188,000 | 6,512,000 | 7,175,000 | 7,459,000 |
| Risk-weighted assets | 26,443,000 | 29,278,000 | 35,898,000 | 36,557,000 |