Call reports 2016
PIEDMONT BANK, THE — 2016
What PIEDMONT BANK, 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 | 486,054,000 | 503,964,000 | 513,110,000 | 552,238,000 |
| Total loans | 365,984,000 | 396,150,000 | 421,686,000 | 467,306,000 |
| Allowance for loan losses | 3,739,000 | 4,001,000 | 4,215,000 | 4,814,000 |
| Securities available for sale | 23,236,000 | 21,222,000 | 21,632,000 | 20,824,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 415,699,000 | 432,413,000 | 440,147,000 | 466,504,000 |
| Interest-bearing deposits | 361,081,000 | 369,980,000 | 371,668,000 | 382,067,000 |
| Noninterest-bearing deposits | 54,618,000 | 62,433,000 | 68,478,000 | 84,437,000 |
| Equity capital | 58,646,000 | 59,615,000 | 60,837,000 | 62,051,000 |
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 | 5,243,000 | 10,653,000 | 16,420,000 | 22,790,000 |
| Interest expense | 898,000 | 1,830,000 | 2,726,000 | 3,614,000 |
| Net interest income | 4,345,000 | 8,823,000 | 13,694,000 | 19,176,000 |
| Noninterest income | 400,000 | 673,000 | 957,000 | 2,103,000 |
| Noninterest expense | 2,901,000 | 5,905,000 | 8,958,000 | 12,462,000 |
| Provision for loan losses | 254,000 | 515,000 | 727,000 | 1,325,000 |
| Pretax income | 1,590,000 | 3,172,000 | 5,062,000 | 7,588,000 |
| Income tax | 597,000 | 1,192,000 | 1,903,000 | 2,847,000 |
| Net income | 993,000 | 1,980,000 | 3,159,000 | 4,741,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,171,000 | 44,733,000 | 46,555,000 | 51,266,000 |
| Total capital | 46,910,000 | 48,734,000 | 50,770,000 | 56,080,000 |
| Risk-weighted assets | 403,641,000 | 435,271,000 | 456,329,000 | 496,452,000 |