Call reports 2016
FIRST BANK OF CHARLESTON, INC. — 2016
What FIRST BANK OF CHARLESTON, INC. 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 | 198,403,000 | 200,113,000 | 195,714,000 | 196,269,000 |
| Total loans | 149,886,000 | 147,946,000 | 144,098,000 | 145,598,000 |
| Allowance for loan losses | 1,851,000 | 1,541,000 | 1,464,000 | 1,761,000 |
| Securities available for sale | 38,110,000 | 41,399,000 | 40,763,000 | 40,010,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,108,000 | 155,014,000 | 147,210,000 | 149,908,000 |
| Interest-bearing deposits | 134,222,000 | 138,487,000 | 132,075,000 | 133,430,000 |
| Noninterest-bearing deposits | 15,886,000 | 16,527,000 | 15,135,000 | 16,478,000 |
| Equity capital | 21,387,000 | 21,778,000 | 22,035,000 | 21,719,000 |
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 | 1,965,000 | 3,922,000 | 5,886,000 | 7,912,000 |
| Interest expense | 269,000 | 554,000 | 842,000 | 1,132,000 |
| Net interest income | 1,696,000 | 3,368,000 | 5,044,000 | 6,780,000 |
| Noninterest income | 94,000 | 194,000 | 253,000 | 338,000 |
| Noninterest expense | 1,030,000 | 2,048,000 | 3,040,000 | 3,977,000 |
| Provision for loan losses | 225,000 | 225,000 | 250,000 | 550,000 |
| Pretax income | 531,000 | 1,285,000 | 2,003,000 | 2,587,000 |
| Income tax | 220,000 | 526,000 | 819,000 | 1,052,000 |
| Net income | 311,000 | 759,000 | 1,184,000 | 1,535,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,336,000 | 21,634,000 | 21,906,000 | 21,336,000 |
| Total capital | 23,187,000 | 23,175,000 | 23,370,000 | 23,097,000 |
| Risk-weighted assets | 152,535,000 | 151,658,000 | 148,612,000 | 146,066,000 |