Call reports 2016
1ST CONSTITUTION BANK — 2016
What 1ST CONSTITUTION 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 | 948,976,000 | 1,068,736,000 | 1,055,309,000 | 1,038,213,000 |
| Total loans | 659,846,000 | 764,800,000 | 759,852,000 | 739,637,000 |
| Allowance for loan losses | 7,302,000 | 7,482,000 | 7,486,000 | 7,494,000 |
| Securities available for sale | 99,806,000 | 111,327,000 | 103,114,000 | 103,794,000 |
| Securities held to maturity | 123,010,000 | 122,635,000 | 121,236,000 | 126,810,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 803,899,000 | 791,569,000 | 827,549,000 | 835,006,000 |
| Interest-bearing deposits | 641,819,000 | 620,776,000 | 653,602,000 | 664,152,000 |
| Noninterest-bearing deposits | 162,080,000 | 170,793,000 | 173,947,000 | 170,854,000 |
| Equity capital | 114,267,000 | 117,212,000 | 119,493,000 | 120,305,000 |
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 | 9,694,000 | 19,563,000 | 30,404,000 | 40,862,000 |
| Interest expense | 1,087,000 | 2,239,000 | 3,394,000 | 4,731,000 |
| Net interest income | 8,607,000 | 17,324,000 | 27,010,000 | 36,131,000 |
| Noninterest income | 1,594,000 | 3,132,000 | 4,892,000 | 6,889,000 |
| Noninterest expense | 7,032,000 | 13,856,000 | 21,045,000 | 28,985,000 |
| Provision for loan losses | -200,000 | -300,000 | -300,000 | -300,000 |
| Pretax income | 3,369,000 | 6,900,000 | 11,157,000 | 14,335,000 |
| Income tax | 1,082,000 | 2,230,000 | 3,722,000 | 4,769,000 |
| Net income | 2,287,000 | 4,670,000 | 7,435,000 | 9,566,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 101,695,000 | 104,195,000 | 106,659,000 | 108,606,000 |
| Total capital | 108,997,000 | 111,677,000 | 114,145,000 | 116,100,000 |
| Risk-weighted assets | 821,890,000 | 930,762,000 | 920,039,000 | 895,604,000 |