Call reports 2016
BANK OF BURLINGTON — 2016
What BANK OF BURLINGTON 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 | 53,137,000 | 53,421,000 | 53,735,000 | 52,895,000 |
| Total loans | 25,569,000 | 24,396,000 | 26,658,000 | 30,485,000 |
| Allowance for loan losses | 450,000 | 450,000 | 450,000 | 450,000 |
| Securities available for sale | 12,949,000 | 9,531,000 | 9,556,000 | 9,379,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,712,000 | 45,862,000 | 46,005,000 | 45,323,000 |
| Interest-bearing deposits | 27,897,000 | 26,075,000 | 29,160,000 | 30,316,000 |
| Noninterest-bearing deposits | 17,815,000 | 19,787,000 | 16,845,000 | 15,007,000 |
| Equity capital | 7,321,000 | 7,435,000 | 7,612,000 | 7,451,000 |
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 | 454,000 | 878,000 | 1,285,000 | 1,716,000 |
| Interest expense | 17,000 | 33,000 | 51,000 | 71,000 |
| Net interest income | 437,000 | 845,000 | 1,234,000 | 1,645,000 |
| Noninterest income | 62,000 | 108,000 | 149,000 | 199,000 |
| Noninterest expense | 326,000 | 627,000 | 926,000 | 1,226,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 25,000 |
| Pretax income | 181,000 | 332,000 | 463,000 | 624,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 181,000 | 332,000 | 463,000 | 624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,215,000 | 7,252,000 | 7,383,000 | 7,379,000 |
| Total capital | 7,665,000 | 7,702,000 | 7,833,000 | 7,829,000 |
| Risk-weighted assets | 37,213,000 | 35,756,000 | 38,596,000 | 41,213,000 |