Call reports 2016
NORTH ADAMS STATE BANK — 2016
What NORTH ADAMS 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 | 34,064,000 | 34,384,000 | 35,016,000 | 34,381,000 |
| Total loans | 24,186,000 | 23,811,000 | 24,830,000 | 23,420,000 |
| Allowance for loan losses | 257,000 | 263,000 | 268,000 | 267,000 |
| Securities available for sale | 4,047,000 | 4,364,000 | 5,055,000 | 5,093,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,189,000 | 29,464,000 | 30,033,000 | 29,501,000 |
| Interest-bearing deposits | 22,060,000 | 22,482,000 | 22,132,000 | 21,470,000 |
| Noninterest-bearing deposits | 7,129,000 | 6,982,000 | 7,901,000 | 8,031,000 |
| Equity capital | 4,787,000 | 4,842,000 | 4,903,000 | 4,843,000 |
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 | 348,000 | 701,000 | 1,050,000 | 1,392,000 |
| Interest expense | 22,000 | 43,000 | 65,000 | 86,000 |
| Net interest income | 326,000 | 658,000 | 985,000 | 1,306,000 |
| Noninterest income | 34,000 | 72,000 | 116,000 | 159,000 |
| Noninterest expense | 260,000 | 524,000 | 787,000 | 1,060,000 |
| Provision for loan losses | 0 | 6,000 | 11,000 | 20,000 |
| Pretax income | 100,000 | 200,000 | 303,000 | 385,000 |
| Income tax | 32,000 | 62,000 | 96,000 | 133,000 |
| Net income | 68,000 | 138,000 | 207,000 | 252,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,580,000 | 4,650,000 | 4,719,000 | 4,764,000 |
| Total capital | 4,837,000 | 4,913,000 | 4,987,000 | 5,031,000 |
| Risk-weighted assets | 21,407,000 | 21,772,000 | 22,786,000 | 22,663,000 |