Call reports 2016
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2016
What REPUBLIC FIRST BANK DBA REPUBLIC 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 | 1,477,342,000 | 1,576,737,000 | 1,728,778,000 | 1,918,666,000 |
| Total loans | 901,100,000 | 935,241,000 | 975,256,000 | 993,037,000 |
| Allowance for loan losses | 9,029,000 | 8,761,000 | 9,453,000 | 9,155,000 |
| Securities available for sale | 260,269,000 | 253,289,000 | 299,385,000 | 369,739,000 |
| Securities held to maturity | 177,608,000 | 198,054,000 | 219,450,000 | 431,479,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,339,459,000 | 1,436,129,000 | 1,583,891,000 | 1,739,073,000 |
| Interest-bearing deposits | 1,174,630,000 | 1,266,232,000 | 1,415,724,000 | 1,493,090,000 |
| Noninterest-bearing deposits | 164,829,000 | 169,897,000 | 168,167,000 | 245,983,000 |
| Equity capital | 131,992,000 | 133,854,000 | 135,031,000 | 170,868,000 |
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 | 12,976,000 | 26,409,000 | 40,196,000 | 55,020,000 |
| Interest expense | 1,187,000 | 2,510,000 | 4,052,000 | 5,703,000 |
| Net interest income | 11,789,000 | 23,899,000 | 36,144,000 | 49,317,000 |
| Noninterest income | 1,896,000 | 4,338,000 | 9,573,000 | 13,641,000 |
| Noninterest expense | 12,182,000 | 24,963,000 | 40,061,000 | 55,382,000 |
| Provision for loan losses | 300,000 | 950,000 | 1,557,000 | 1,557,000 |
| Pretax income | 1,498,000 | 2,973,000 | 4,748,000 | 6,668,000 |
| Income tax | 128,000 | 279,000 | 410,000 | 526,000 |
| Net income | 1,370,000 | 2,694,000 | 4,338,000 | 6,142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,152,000 | 131,440,000 | 128,235,000 | 169,902,000 |
| Total capital | 139,181,000 | 140,201,000 | 137,688,000 | 179,057,000 |
| Risk-weighted assets | 1,114,778,000 | 1,157,907,000 | 1,195,846,000 | 1,285,137,000 |