Call reports 2016
FIRST NATIONAL BANK OF AVA, THE — 2016
What FIRST NATIONAL BANK OF AVA, 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 | 60,175,000 | 60,952,000 | 62,202,000 | 65,076,000 |
| Total loans | 35,014,000 | 36,659,000 | 38,685,000 | 39,485,000 |
| Allowance for loan losses | 556,000 | 517,000 | 469,000 | 472,000 |
| Securities available for sale | 23,249,000 | 22,870,000 | 21,447,000 | 21,335,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,207,000 | 50,637,000 | 51,654,000 | 56,049,000 |
| Interest-bearing deposits | 42,005,000 | 42,564,000 | 44,137,000 | 47,123,000 |
| Noninterest-bearing deposits | 8,202,000 | 8,073,000 | 7,517,000 | 8,926,000 |
| Equity capital | 8,831,000 | 9,057,000 | 9,043,000 | 8,563,000 |
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 | 718,000 | 1,451,000 | 2,195,000 | 2,977,000 |
| Interest expense | 66,000 | 133,000 | 205,000 | 278,000 |
| Net interest income | 652,000 | 1,318,000 | 1,990,000 | 2,699,000 |
| Noninterest income | 55,000 | 100,000 | 146,000 | 181,000 |
| Noninterest expense | 397,000 | 810,000 | 1,214,000 | 1,752,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 90,000 |
| Pretax income | 301,000 | 601,000 | 957,000 | 1,119,000 |
| Income tax | 76,000 | 152,000 | 252,000 | 254,000 |
| Net income | 225,000 | 449,000 | 705,000 | 865,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,289,000 | 8,400,000 | 8,431,000 | 8,393,000 |
| Total capital | 8,797,000 | 8,921,000 | 8,918,000 | 8,883,000 |
| Risk-weighted assets | 40,597,000 | 41,631,000 | 43,122,000 | 44,326,000 |