Call reports 2016
BETTER BANKS — 2016
What BETTER BANKS 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 | 270,443,000 | 274,435,000 | 285,415,000 | 279,720,000 |
| Total loans | 169,853,000 | 174,831,000 | 178,881,000 | 178,627,000 |
| Allowance for loan losses | 1,069,000 | 1,196,000 | 1,312,000 | 1,367,000 |
| Securities available for sale | 67,940,000 | 63,430,000 | 62,014,000 | 58,934,000 |
| Securities held to maturity | 9,772,000 | 9,650,000 | 10,476,000 | 9,093,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,063,000 | 248,314,000 | 258,919,000 | 254,676,000 |
| Interest-bearing deposits | 202,978,000 | 199,686,000 | 216,414,000 | 207,716,000 |
| Noninterest-bearing deposits | 42,085,000 | 48,628,000 | 42,505,000 | 46,960,000 |
| Equity capital | 24,425,000 | 25,019,000 | 25,269,000 | 23,914,000 |
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 | 2,176,000 | 4,334,000 | 6,560,000 | 8,763,000 |
| Interest expense | 87,000 | 182,000 | 288,000 | 417,000 |
| Net interest income | 2,089,000 | 4,152,000 | 6,272,000 | 8,346,000 |
| Noninterest income | 611,000 | 1,302,000 | 2,025,000 | 2,742,000 |
| Noninterest expense | 1,962,000 | 4,001,000 | 6,077,000 | 8,136,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 480,000 |
| Pretax income | 627,000 | 1,228,000 | 1,875,000 | 1,996,000 |
| Income tax | 37,000 | 37,000 | 37,000 | 37,000 |
| Net income | 590,000 | 1,191,000 | 1,838,000 | 1,959,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,329,000 | 21,211,000 | 21,706,000 | 21,851,000 |
| Total capital | 22,398,000 | 22,407,000 | 23,018,000 | 23,218,000 |
| Risk-weighted assets | 165,328,000 | 170,415,000 | 174,671,000 | 173,024,000 |