Call reports 2016
SIMSBURY BANK AND TRUST COMPANY, INC., THE — 2016
What SIMSBURY BANK AND TRUST COMPANY, INC., 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 | 450,370,000 | 484,339,000 | 504,764,000 | 509,949,000 |
| Total loans | 346,957,000 | 376,024,000 | 403,528,000 | 411,096,000 |
| Allowance for loan losses | 3,161,000 | 3,329,000 | 3,631,000 | 3,753,000 |
| Securities available for sale | 73,267,000 | 68,897,000 | 63,611,000 | 58,728,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 383,367,000 | 377,987,000 | 432,779,000 | 413,874,000 |
| Interest-bearing deposits | 259,308,000 | 249,436,000 | 304,665,000 | 279,423,000 |
| Noninterest-bearing deposits | 124,059,000 | 128,551,000 | 128,114,000 | 134,451,000 |
| Equity capital | 36,966,000 | 37,316,000 | 37,438,000 | 36,729,000 |
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 | 3,542,000 | 7,293,000 | 11,166,000 | 15,350,000 |
| Interest expense | 193,000 | 448,000 | 758,000 | 1,078,000 |
| Net interest income | 3,349,000 | 6,845,000 | 10,408,000 | 14,272,000 |
| Noninterest income | 358,000 | 989,000 | 2,101,000 | 2,894,000 |
| Noninterest expense | 3,264,000 | 6,781,000 | 10,453,000 | 13,810,000 |
| Provision for loan losses | 131,000 | 301,000 | 606,000 | 911,000 |
| Pretax income | 360,000 | 821,000 | 1,544,000 | 2,539,000 |
| Income tax | 43,000 | 113,000 | 276,000 | 531,000 |
| Net income | 317,000 | 708,000 | 1,268,000 | 2,008,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,551,000 | 36,591,000 | 36,851,000 | 37,292,000 |
| Total capital | 39,711,000 | 39,920,000 | 40,482,000 | 41,045,000 |
| Risk-weighted assets | 294,957,000 | 318,336,000 | 344,323,000 | 350,270,000 |