Call reports 2016
SERVBANK, NATIONAL ASSOCIATION — 2016
What SERVBANK, NATIONAL ASSOCIATION 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 | 115,378,000 | 89,618,000 | 92,830,000 | 93,524,000 |
| Total loans | 59,093,000 | 59,525,000 | 57,377,000 | 59,189,000 |
| Allowance for loan losses | 797,000 | 872,000 | 745,000 | 774,000 |
| Securities available for sale | 20,355,000 | 10,425,000 | 7,206,000 | 6,777,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,922,000 | 79,893,000 | 82,257,000 | 82,058,000 |
| Interest-bearing deposits | 83,043,000 | 55,793,000 | 57,260,000 | 58,312,000 |
| Noninterest-bearing deposits | 22,879,000 | 24,099,000 | 24,997,000 | 23,745,000 |
| Equity capital | 7,904,000 | 8,177,000 | 8,458,000 | 10,133,000 |
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 | 866,000 | 1,660,000 | 2,442,000 | 3,193,000 |
| Interest expense | 149,000 | 303,000 | 397,000 | 485,000 |
| Net interest income | 717,000 | 1,357,000 | 2,045,000 | 2,708,000 |
| Noninterest income | 9,320,000 | 21,571,000 | 35,023,000 | 45,933,000 |
| Noninterest expense | 9,921,000 | 22,540,000 | 36,009,000 | 46,868,000 |
| Provision for loan losses | -110,000 | -190,000 | -66,000 | -66,000 |
| Pretax income | 247,000 | 583,000 | 1,123,000 | 1,837,000 |
| Income tax | 102,000 | 238,000 | 457,000 | -567,000 |
| Net income | 145,000 | 345,000 | 666,000 | 2,404,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,394,000 | 6,676,000 | 7,187,000 | 8,110,000 |
| Total capital | 7,175,000 | 7,441,000 | 7,932,000 | 8,884,000 |
| Risk-weighted assets | 61,404,000 | 60,228,000 | 61,588,000 | 63,086,000 |