Call reports 2016
SELECT BANK — 2016
What SELECT 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 | 158,728,000 | 174,080,000 | 188,719,000 | 188,694,000 |
| Total loans | 141,025,000 | 147,761,000 | 166,309,000 | 162,833,000 |
| Allowance for loan losses | 1,201,000 | 1,251,000 | 1,303,000 | 1,303,000 |
| Securities available for sale | 110,000 | 111,000 | 1,358,000 | 1,359,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,020,000 | 157,964,000 | 171,357,000 | 170,595,000 |
| Interest-bearing deposits | 127,467,000 | 139,879,000 | 153,928,000 | 155,368,000 |
| Noninterest-bearing deposits | 15,553,000 | 18,085,000 | 17,428,000 | 15,227,000 |
| Equity capital | 14,980,000 | 15,467,000 | 16,658,000 | 17,209,000 |
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 | 1,694,000 | 3,443,000 | 5,275,000 | 7,182,000 |
| Interest expense | 371,000 | 781,000 | 1,235,000 | 1,703,000 |
| Net interest income | 1,323,000 | 2,662,000 | 4,040,000 | 5,479,000 |
| Noninterest income | 104,000 | 243,000 | 405,000 | 581,000 |
| Noninterest expense | 954,000 | 1,978,000 | 3,016,000 | 4,121,000 |
| Provision for loan losses | 32,000 | 77,000 | 157,000 | 157,000 |
| Pretax income | 441,000 | 850,000 | 1,272,000 | 1,782,000 |
| Income tax | 142,000 | 264,000 | 394,000 | 553,000 |
| Net income | 299,000 | 586,000 | 878,000 | 1,229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,910,000 | 15,341,000 | 16,480,000 | 17,190,000 |
| Total capital | 16,111,000 | 16,592,000 | 17,783,000 | 18,493,000 |
| Risk-weighted assets | 106,948,000 | 112,115,000 | 115,524,000 | 115,812,000 |