Call reports 2016
CLARE BANK, NATIONAL ASSOCIATION — 2016
What CLARE BANK, NATIONAL ASSOCIATION 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 | 287,711,000 | 282,785,000 | 277,091,000 | 280,385,000 |
| Total loans | 149,325,000 | 148,286,000 | 144,105,000 | 144,292,000 |
| Allowance for loan losses | 564,000 | 565,000 | 560,000 | 560,000 |
| Securities available for sale | 90,095,000 | 88,133,000 | 88,250,000 | 90,309,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 255,352,000 | 249,096,000 | 244,392,000 | 248,780,000 |
| Interest-bearing deposits | 227,419,000 | 219,925,000 | 214,845,000 | 216,483,000 |
| Noninterest-bearing deposits | 27,933,000 | 29,171,000 | 29,547,000 | 32,297,000 |
| Equity capital | 32,253,000 | 33,497,000 | 32,446,000 | 30,784,000 |
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 | 2,153,000 | 4,149,000 | 5,972,000 | 7,984,000 |
| Interest expense | 326,000 | 647,000 | 980,000 | 1,285,000 |
| Net interest income | 1,827,000 | 3,502,000 | 4,992,000 | 6,699,000 |
| Noninterest income | 93,000 | 185,000 | 281,000 | 370,000 |
| Noninterest expense | 683,000 | 1,660,000 | 2,785,000 | 3,873,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,237,000 | 2,027,000 | 2,488,000 | 3,196,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,237,000 | 2,027,000 | 2,488,000 | 3,196,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,130,000 | 32,032,000 | 31,309,000 | 30,699,000 |
| Total capital | 31,694,000 | 32,670,000 | 31,938,000 | 31,259,000 |
| Risk-weighted assets | 114,479,000 | 117,659,000 | 117,097,000 | 117,286,000 |