Call reports 2016
PORT WASHINGTON STATE BANK, THE — 2016
What PORT WASHINGTON STATE BANK, THE 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 | 508,040,000 | 507,056,000 | 512,694,000 | 537,230,000 |
| Total loans | 335,049,000 | 341,502,000 | 347,820,000 | 365,955,000 |
| Allowance for loan losses | 4,937,000 | 4,855,000 | 4,848,000 | 4,338,000 |
| Securities available for sale | 132,045,000 | 121,057,000 | 119,211,000 | 105,494,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 461,036,000 | 458,199,000 | 462,861,000 | 488,055,000 |
| Interest-bearing deposits | 379,786,000 | 373,276,000 | 371,910,000 | 399,204,000 |
| Noninterest-bearing deposits | 81,250,000 | 84,923,000 | 90,951,000 | 88,851,000 |
| Equity capital | 42,909,000 | 44,292,000 | 44,966,000 | 44,245,000 |
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 | 4,092,000 | 8,272,000 | 12,523,000 | 16,903,000 |
| Interest expense | 366,000 | 729,000 | 1,089,000 | 1,452,000 |
| Net interest income | 3,726,000 | 7,543,000 | 11,434,000 | 15,451,000 |
| Noninterest income | 612,000 | 1,490,000 | 2,496,000 | 3,652,000 |
| Noninterest expense | 3,193,000 | 6,475,000 | 9,733,000 | 12,926,000 |
| Provision for loan losses | 148,000 | 148,000 | 150,000 | 0 |
| Pretax income | 1,009,000 | 2,462,000 | 4,137,000 | 6,265,000 |
| Income tax | 306,000 | 783,000 | 1,351,000 | 2,094,000 |
| Net income | 703,000 | 1,679,000 | 2,786,000 | 4,171,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,440,000 | 43,260,000 | 44,210,000 | 45,438,000 |
| Total capital | 46,712,000 | 47,880,000 | 48,926,000 | 49,776,000 |
| Risk-weighted assets | 341,084,000 | 369,402,000 | 377,166,000 | 393,578,000 |