Call reports 2016
BANK OF NEWINGTON — 2016
What BANK OF NEWINGTON 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 | 91,704,000 | 104,864,000 | 111,330,000 | 109,984,000 |
| Total loans | 76,879,000 | 86,041,000 | 91,889,000 | 92,193,000 |
| Allowance for loan losses | 1,221,000 | 1,261,000 | 1,507,000 | 1,716,000 |
| Securities available for sale | 0 | 500,000 | 500,000 | 500,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,462,000 | 94,849,000 | 100,714,000 | 97,831,000 |
| Interest-bearing deposits | 74,439,000 | 87,161,000 | 92,986,000 | 89,693,000 |
| Noninterest-bearing deposits | 8,023,000 | 7,688,000 | 7,728,000 | 8,138,000 |
| Equity capital | 7,969,000 | 8,439,000 | 8,902,000 | 9,455,000 |
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 | 1,303,000 | 2,693,000 | 4,237,000 | 5,794,000 |
| Interest expense | 219,000 | 460,000 | 737,000 | 1,009,000 |
| Net interest income | 1,084,000 | 2,233,000 | 3,500,000 | 4,785,000 |
| Noninterest income | 153,000 | 324,000 | 520,000 | 1,001,000 |
| Noninterest expense | 673,000 | 1,396,000 | 2,221,000 | 3,146,000 |
| Provision for loan losses | 110,000 | 260,000 | 460,000 | 660,000 |
| Pretax income | 454,000 | 901,000 | 1,339,000 | 1,980,000 |
| Income tax | -19,000 | -42,000 | -67,000 | 21,000 |
| Net income | 473,000 | 943,000 | 1,406,000 | 1,959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,629,000 | 8,074,000 | 8,512,000 | 9,328,000 |
| Total capital | 8,547,000 | 9,087,000 | 9,580,000 | 10,425,000 |
| Risk-weighted assets | 73,031,000 | 80,682,000 | 84,808,000 | 87,128,000 |