Call reports 2016
LOGAN STATE BANK — 2016
What LOGAN STATE 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 | 36,431,000 | 41,546,000 | 44,210,000 | 42,080,000 |
| Total loans | 29,307,000 | 32,309,000 | 33,699,000 | 33,813,000 |
| Allowance for loan losses | 270,000 | 270,000 | 270,000 | 270,000 |
| Securities available for sale | 2,192,000 | 2,149,000 | 2,129,000 | 2,080,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,679,000 | 33,666,000 | 36,965,000 | 33,249,000 |
| Interest-bearing deposits | 19,316,000 | 26,320,000 | 28,745,000 | 24,806,000 |
| Noninterest-bearing deposits | 7,363,000 | 7,346,000 | 8,220,000 | 8,443,000 |
| Equity capital | 4,095,000 | 4,196,000 | 4,143,000 | 4,153,000 |
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 | 371,000 | 771,000 | 1,172,000 | 1,581,000 |
| Interest expense | 17,000 | 39,000 | 64,000 | 92,000 |
| Net interest income | 354,000 | 732,000 | 1,108,000 | 1,489,000 |
| Noninterest income | 29,000 | 62,000 | 94,000 | 150,000 |
| Noninterest expense | 338,000 | 664,000 | 984,000 | 1,341,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 45,000 | 130,000 | 218,000 | 298,000 |
| Income tax | 4,000 | 6,000 | 11,000 | 17,000 |
| Net income | 41,000 | 124,000 | 207,000 | 281,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,980,000 | 4,064,000 | 4,023,000 | 4,085,000 |
| Total capital | 4,250,000 | 4,334,000 | 4,293,000 | 4,355,000 |
| Risk-weighted assets | 26,358,000 | 28,341,000 | 29,008,000 | 30,369,000 |