Call reports 2016
1ST STATE BANK — 2016
What 1ST STATE 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 | 226,402,000 | 229,103,000 | 219,780,000 | 226,536,000 |
| Total loans | 161,030,000 | 166,452,000 | 165,601,000 | 171,067,000 |
| Allowance for loan losses | 2,279,000 | 2,430,000 | 2,503,000 | 2,599,000 |
| Securities available for sale | 15,135,000 | 15,851,000 | 13,836,000 | 12,670,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,525,000 | 197,740,000 | 189,412,000 | 193,825,000 |
| Interest-bearing deposits | 131,835,000 | 130,912,000 | 121,778,000 | 122,250,000 |
| Noninterest-bearing deposits | 62,690,000 | 66,828,000 | 67,634,000 | 71,575,000 |
| Equity capital | 19,706,000 | 20,092,000 | 20,665,000 | 21,030,000 |
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 | 2,052,000 | 4,178,000 | 6,374,000 | 8,603,000 |
| Interest expense | 171,000 | 337,000 | 488,000 | 625,000 |
| Net interest income | 1,881,000 | 3,841,000 | 5,886,000 | 7,978,000 |
| Noninterest income | 307,000 | 549,000 | 920,000 | 1,169,000 |
| Noninterest expense | 1,515,000 | 3,066,000 | 4,570,000 | 6,110,000 |
| Provision for loan losses | 120,000 | 240,000 | 300,000 | 360,000 |
| Pretax income | 553,000 | 1,084,000 | 1,946,000 | 2,687,000 |
| Income tax | 189,000 | 372,000 | 665,000 | 919,000 |
| Net income | 364,000 | 712,000 | 1,281,000 | 1,768,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,681,000 | 20,044,000 | 20,630,000 | 21,059,000 |
| Total capital | 21,960,000 | 22,442,000 | 23,088,000 | 23,577,000 |
| Risk-weighted assets | 186,877,000 | 191,806,000 | 196,586,000 | 201,381,000 |