Call reports 2016
PRIMARY BANK — 2016
What PRIMARY 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 | 44,814,000 | 58,096,000 | 71,017,000 | 90,549,000 |
| Total loans | 22,685,000 | 33,831,000 | 53,725,000 | 66,353,000 |
| Allowance for loan losses | 298,000 | 435,000 | 691,000 | 853,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,756,000 | 4,477,000 | 4,176,000 | 3,869,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,242,000 | 31,066,000 | 44,498,000 | 64,386,000 |
| Interest-bearing deposits | 12,438,000 | 24,208,000 | 33,013,000 | 49,098,000 |
| Noninterest-bearing deposits | 4,804,000 | 6,858,000 | 11,485,000 | 15,288,000 |
| Equity capital | 27,469,000 | 26,896,000 | 26,348,000 | 25,981,000 |
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 | 194,000 | 520,000 | 986,000 | 1,617,000 |
| Interest expense | 10,000 | 42,000 | 94,000 | 181,000 |
| Net interest income | 184,000 | 478,000 | 892,000 | 1,436,000 |
| Noninterest income | 1,000 | 3,000 | 12,000 | 25,000 |
| Noninterest expense | 607,000 | 1,339,000 | 2,054,000 | 2,816,000 |
| Provision for loan losses | 198,000 | 335,000 | 591,000 | 753,000 |
| Pretax income | -620,000 | -1,193,000 | -1,741,000 | -2,108,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -620,000 | -1,193,000 | -1,741,000 | -2,108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,469,000 | 26,896,000 | 26,348,000 | 25,981,000 |
| Total capital | 27,767,000 | 27,331,000 | 27,039,000 | 26,834,000 |
| Risk-weighted assets | 24,041,000 | 35,609,000 | 59,599,000 | 75,444,000 |