Call reports 2016
REDSTONE BANK — 2016
What REDSTONE 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 | 95,867,000 | 100,501,000 | 104,513,000 | 98,199,000 |
| Total loans | 77,768,000 | 85,942,000 | 81,288,000 | 77,534,000 |
| Allowance for loan losses | 1,014,000 | 1,114,000 | 1,202,000 | 1,203,000 |
| Securities available for sale | 1,755,000 | 1,754,000 | 1,752,000 | 1,513,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,934,000 | 88,505,000 | 92,218,000 | 85,594,000 |
| Interest-bearing deposits | 56,628,000 | 63,099,000 | 65,610,000 | 58,497,000 |
| Noninterest-bearing deposits | 27,306,000 | 25,406,000 | 26,608,000 | 27,097,000 |
| Equity capital | 11,486,000 | 11,746,000 | 11,998,000 | 12,329,000 |
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 | 1,296,000 | 2,694,000 | 4,177,000 | 5,574,000 |
| Interest expense | 120,000 | 250,000 | 401,000 | 549,000 |
| Net interest income | 1,176,000 | 2,444,000 | 3,776,000 | 5,025,000 |
| Noninterest income | 29,000 | 64,000 | 95,000 | 126,000 |
| Noninterest expense | 808,000 | 1,575,000 | 2,395,000 | 3,158,000 |
| Provision for loan losses | 48,000 | 145,000 | 231,000 | 230,000 |
| Pretax income | 349,000 | 788,000 | 1,245,000 | 1,763,000 |
| Income tax | 152,000 | 338,000 | 544,000 | 730,000 |
| Net income | 197,000 | 450,000 | 701,000 | 1,033,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,486,000 | 11,746,000 | 11,999,000 | 12,328,000 |
| Total capital | 12,431,000 | 12,753,000 | 13,000,000 | 13,261,000 |
| Risk-weighted assets | 75,499,000 | 80,469,000 | 79,856,000 | 74,405,000 |