Call reports 2016
PORTAGE COUNTY BANK, THE — 2016
What PORTAGE COUNTY 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 | 89,214,000 | 87,801,000 | 100,470,000 | 171,841,000 |
| Total loans | 60,053,000 | 59,832,000 | 60,019,000 | 100,035,000 |
| Allowance for loan losses | 965,000 | 965,000 | 960,000 | 1,049,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 17,372,000 | 17,901,000 | 17,602,000 | 26,899,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,260,000 | 77,816,000 | 90,540,000 | 153,551,000 |
| Interest-bearing deposits | 58,529,000 | 59,923,000 | 71,215,000 | 108,974,000 |
| Noninterest-bearing deposits | 20,731,000 | 17,893,000 | 19,325,000 | 44,577,000 |
| Equity capital | 9,757,000 | 9,765,000 | 9,625,000 | 17,790,000 |
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 | 806,000 | 1,631,000 | 2,465,000 | 5,703,000 |
| Interest expense | 79,000 | 163,000 | 257,000 | 521,000 |
| Net interest income | 727,000 | 1,468,000 | 2,208,000 | 5,182,000 |
| Noninterest income | 46,000 | 111,000 | 161,000 | 708,000 |
| Noninterest expense | 647,000 | 1,400,000 | 2,330,000 | 5,142,000 |
| Provision for loan losses | 0 | 0 | 0 | 88,000 |
| Pretax income | 126,000 | 179,000 | 39,000 | 660,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 126,000 | 179,000 | 39,000 | 660,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,757,000 | 9,765,000 | 9,625,000 | 17,790,000 |
| Total capital | 10,570,000 | 10,572,000 | 10,463,000 | 18,839,000 |
| Risk-weighted assets | 64,859,000 | 64,385,000 | 66,900,000 | 100,746,000 |