Call reports 2016
BEACH BANK — 2016
What BEACH 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 | 539,759,000 | 537,083,000 | 531,033,000 | 518,663,000 |
| Total loans | 355,436,000 | 350,544,000 | 347,415,000 | 340,501,000 |
| Allowance for loan losses | 3,650,000 | 3,547,000 | 3,422,000 | 3,597,000 |
| Securities available for sale | 36,314,000 | 34,833,000 | 35,104,000 | 35,246,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 490,000,000 | 488,787,000 | 483,624,000 | 471,401,000 |
| Interest-bearing deposits | 448,134,000 | 443,448,000 | 441,380,000 | 429,545,000 |
| Noninterest-bearing deposits | 41,866,000 | 45,339,000 | 42,244,000 | 41,856,000 |
| Equity capital | 20,290,000 | 19,963,000 | 19,649,000 | 18,852,000 |
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 | 3,948,000 | 7,876,000 | 11,765,000 | 15,616,000 |
| Interest expense | 1,194,000 | 2,397,000 | 3,617,000 | 4,806,000 |
| Net interest income | 2,754,000 | 5,479,000 | 8,148,000 | 10,810,000 |
| Noninterest income | 1,425,000 | 3,472,000 | 5,566,000 | 6,930,000 |
| Noninterest expense | 5,064,000 | 10,151,000 | 15,212,000 | 19,942,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -885,000 | -1,200,000 | -1,393,000 | -2,097,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -885,000 | -1,200,000 | -1,393,000 | -2,097,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,760,000 | 19,444,000 | 19,251,000 | 18,547,000 |
| Total capital | 23,410,000 | 22,991,000 | 22,673,000 | 22,144,000 |
| Risk-weighted assets | 456,083,000 | 449,569,000 | 441,515,000 | 434,719,000 |