Call reports 2016
PROFESSIONAL BANK — 2016
What PROFESSIONAL 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 | 360,315,000 | 390,623,000 | 371,638,000 | 384,586,000 |
| Total loans | 275,055,000 | 277,760,000 | 297,635,000 | 324,182,000 |
| Allowance for loan losses | 2,685,000 | 2,927,000 | 3,213,000 | 3,532,000 |
| Securities available for sale | 33,733,000 | 32,612,000 | 32,370,000 | 30,768,000 |
| Securities held to maturity | 491,000 | 464,000 | 435,000 | 408,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 307,488,000 | 342,393,000 | 322,580,000 | 330,373,000 |
| Interest-bearing deposits | 213,700,000 | 262,801,000 | 251,110,000 | 259,813,000 |
| Noninterest-bearing deposits | 93,788,000 | 79,592,000 | 71,470,000 | 70,560,000 |
| Equity capital | 31,773,000 | 32,156,000 | 32,588,000 | 32,876,000 |
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 | 3,279,000 | 6,780,000 | 10,470,000 | 14,265,000 |
| Interest expense | 371,000 | 956,000 | 1,556,000 | 2,122,000 |
| Net interest income | 2,908,000 | 5,824,000 | 8,914,000 | 12,143,000 |
| Noninterest income | 172,000 | 459,000 | 1,099,000 | 1,368,000 |
| Noninterest expense | 2,370,000 | 4,845,000 | 7,749,000 | 10,250,000 |
| Provision for loan losses | 225,000 | 465,000 | 750,000 | 1,065,000 |
| Pretax income | 485,000 | 973,000 | 1,514,000 | 2,196,000 |
| Income tax | 174,000 | 357,000 | 487,000 | 743,000 |
| Net income | 311,000 | 616,000 | 1,027,000 | 1,453,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,844,000 | 32,176,000 | 32,608,000 | 33,045,000 |
| Total capital | 34,752,000 | 35,326,000 | 36,044,000 | 36,800,000 |
| Risk-weighted assets | 269,188,000 | 276,710,000 | 284,396,000 | 307,854,000 |