Call reports 2016
HURON VALLEY STATE BANK — 2016
What HURON VALLEY 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 | 120,470,000 | 126,318,000 | 125,489,000 | 126,662,000 |
| Total loans | 106,738,000 | 107,776,000 | 111,186,000 | 115,771,000 |
| Allowance for loan losses | 1,211,000 | 1,242,000 | 1,196,000 | 1,215,000 |
| Securities available for sale | 2,995,000 | 2,732,000 | 2,612,000 | 2,478,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,180,000 | 113,895,000 | 112,891,000 | 113,771,000 |
| Interest-bearing deposits | 72,458,000 | 72,546,000 | 69,266,000 | 72,088,000 |
| Noninterest-bearing deposits | 35,722,000 | 41,349,000 | 43,625,000 | 41,683,000 |
| Equity capital | 12,002,000 | 12,198,000 | 12,419,000 | 12,737,000 |
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 | 1,273,000 | 2,540,000 | 3,842,000 | 5,192,000 |
| Interest expense | 94,000 | 186,000 | 276,000 | 369,000 |
| Net interest income | 1,179,000 | 2,354,000 | 3,566,000 | 4,823,000 |
| Noninterest income | 137,000 | 287,000 | 411,000 | 553,000 |
| Noninterest expense | 840,000 | 1,751,000 | 2,630,000 | 3,476,000 |
| Provision for loan losses | 35,000 | 65,000 | 95,000 | 125,000 |
| Pretax income | 441,000 | 825,000 | 1,252,000 | 1,775,000 |
| Income tax | 150,000 | 280,000 | 425,000 | 603,000 |
| Net income | 291,000 | 545,000 | 827,000 | 1,172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,951,000 | 12,139,000 | 12,365,000 | 12,715,000 |
| Total capital | 13,162,000 | 13,381,000 | 13,561,000 | 13,930,000 |
| Risk-weighted assets | 109,800,000 | 110,157,000 | 113,299,000 | 116,473,000 |