Call reports 2016
PROFICIO BANK — 2016
What PROFICIO 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 | 106,698,000 | 91,705,000 | 80,247,000 | 68,208,000 |
| Total loans | 67,686,000 | 57,427,000 | 49,010,000 | 46,177,000 |
| Allowance for loan losses | 500,000 | 393,000 | 393,000 | 674,000 |
| Securities available for sale | 16,744,000 | 15,788,000 | 11,878,000 | 10,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,799,000 | 86,225,000 | 75,884,000 | 65,042,000 |
| Interest-bearing deposits | 99,021,000 | 84,881,000 | 934,000 | 63,249,000 |
| Noninterest-bearing deposits | 1,778,000 | 1,344,000 | 74,950,000 | 1,793,000 |
| Equity capital | 2,845,000 | 2,333,000 | 3,529,000 | 2,288,000 |
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 | 1,119,000 | 2,092,000 | 2,916,000 | 3,696,000 |
| Interest expense | 247,000 | 469,000 | 679,000 | 857,000 |
| Net interest income | 872,000 | 1,623,000 | 2,237,000 | 2,839,000 |
| Noninterest income | 891,000 | 2,048,000 | 2,428,000 | 2,593,000 |
| Noninterest expense | 3,645,000 | 6,298,000 | 8,080,000 | 9,732,000 |
| Provision for loan losses | 12,000 | -96,000 | -258,000 | 22,000 |
| Pretax income | -1,819,000 | -2,456,000 | -3,003,000 | -4,168,000 |
| Income tax | 3,000 | 43,000 | 34,000 | -30,000 |
| Net income | -1,822,000 | -2,499,000 | -3,037,000 | -4,138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,774,000 | 2,191,000 | 3,357,000 | 2,159,000 |
| Total capital | 3,290,000 | 2,600,000 | 3,759,000 | 2,842,000 |
| Risk-weighted assets | 66,214,000 | 56,587,000 | 53,798,000 | 60,235,000 |