Call reports 2016
TITAN BANK, N.A. — 2016
What TITAN BANK, N.A. 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 | 88,347,000 | 97,795,000 | 96,464,000 | 99,094,000 |
| Total loans | 48,912,000 | 53,244,000 | 50,339,000 | 52,881,000 |
| Allowance for loan losses | 603,000 | 710,000 | 647,000 | 706,000 |
| Securities available for sale | 15,135,000 | 14,188,000 | 21,723,000 | 19,019,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,627,000 | 75,030,000 | 73,500,000 | 74,403,000 |
| Interest-bearing deposits | 58,404,000 | 66,401,000 | 61,561,000 | 63,337,000 |
| Noninterest-bearing deposits | 7,223,000 | 8,629,000 | 11,939,000 | 11,066,000 |
| Equity capital | 10,774,000 | 10,813,000 | 11,018,000 | 10,793,000 |
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 | 1,015,000 | 2,070,000 | 3,097,000 | 4,102,000 |
| Interest expense | 125,000 | 269,000 | 417,000 | 558,000 |
| Net interest income | 890,000 | 1,801,000 | 2,680,000 | 3,544,000 |
| Noninterest income | 332,000 | 575,000 | 801,000 | 1,041,000 |
| Noninterest expense | 772,000 | 1,585,000 | 2,431,000 | 3,223,000 |
| Provision for loan losses | 8,000 | 169,000 | 220,000 | 384,000 |
| Pretax income | 442,000 | 622,000 | 830,000 | 997,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 442,000 | 622,000 | 830,000 | 997,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,126,000 | 10,129,000 | 10,227,000 | 10,196,000 |
| Total capital | 10,729,000 | 10,766,000 | 10,831,000 | 10,833,000 |
| Risk-weighted assets | 47,960,000 | 50,576,000 | 48,026,000 | 50,630,000 |