Call reports 2016
FOUNDATION BANK — 2016
What FOUNDATION BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Total assets | 421,531,000 | 443,616,000 |
| Total loans | 299,263,000 | 298,067,000 |
| Allowance for loan losses | 5,737,000 | 5,796,000 |
| Securities available for sale | 92,356,000 | 91,132,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 370,362,000 | 391,209,000 |
| Interest-bearing deposits | 201,685,000 | 220,426,000 |
| Noninterest-bearing deposits | 168,677,000 | 170,783,000 |
| Equity capital | 49,905,000 | 51,181,000 |
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 |
|---|---|---|
| Interest income | 3,996,000 | 8,063,000 |
| Interest expense | 175,000 | 348,000 |
| Net interest income | 3,821,000 | 7,715,000 |
| Noninterest income | 517,000 | 735,000 |
| Noninterest expense | 3,040,000 | 5,552,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 1,298,000 | 2,894,000 |
| Income tax | 422,000 | 949,000 |
| Net income | 876,000 | 1,945,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Tier 1 capital | 45,074,000 | 46,569,000 |
| Total capital | 49,687,000 | 51,130,000 |
| Risk-weighted assets | 366,058,000 | 361,989,000 |