Call reports 2016
UPSTATE NATIONAL BANK, THE — 2016
What UPSTATE NATIONAL BANK, THE 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 | 100,098,000 | 103,636,000 | 107,515,000 | 109,613,000 |
| Total loans | 76,296,000 | 80,219,000 | 84,058,000 | 82,600,000 |
| Allowance for loan losses | 1,231,000 | 1,234,000 | 1,237,000 | 1,117,000 |
| Securities available for sale | 17,948,000 | 17,428,000 | 17,017,000 | 16,198,000 |
| Securities held to maturity | 10,000 | 10,000 | 10,000 | 10,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,558,000 | 82,451,000 | 82,742,000 | 96,282,000 |
| Interest-bearing deposits | 67,451,000 | 71,095,000 | 71,890,000 | 85,900,000 |
| Noninterest-bearing deposits | 12,107,000 | 11,356,000 | 10,852,000 | 10,382,000 |
| Equity capital | 12,822,000 | 12,994,000 | 13,174,000 | 13,264,000 |
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 | 986,000 | 2,004,000 | 3,077,000 | 4,313,000 |
| Interest expense | 143,000 | 290,000 | 444,000 | 606,000 |
| Net interest income | 843,000 | 1,714,000 | 2,633,000 | 3,707,000 |
| Noninterest income | 11,000 | 31,000 | 41,000 | 54,000 |
| Noninterest expense | 708,000 | 1,785,000 | 2,542,000 | 3,284,000 |
| Provision for loan losses | 25,000 | 25,000 | 25,000 | 25,000 |
| Pretax income | 121,000 | -65,000 | 107,000 | 452,000 |
| Income tax | -48,000 | 0 | -34,000 | -156,000 |
| Net income | 169,000 | -65,000 | 141,000 | 608,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,791,000 | 12,595,000 | 12,761,000 | 13,088,000 |
| Total capital | 13,688,000 | 13,542,000 | 13,750,000 | 14,065,000 |
| Risk-weighted assets | 71,410,000 | 75,368,000 | 78,862,000 | 77,767,000 |