Call reports 2016
GLADEWATER NATIONAL BANK — 2016
What GLADEWATER NATIONAL 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 | 41,498,000 | 42,443,000 | 40,807,000 | 42,267,000 |
| Total loans | 27,514,000 | 28,180,000 | 28,903,000 | 30,258,000 |
| Allowance for loan losses | 534,000 | 555,000 | 585,000 | 615,000 |
| Securities available for sale | 10,075,000 | 9,658,000 | 9,210,000 | 8,581,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,670,000 | 34,513,000 | 32,913,000 | 32,614,000 |
| Interest-bearing deposits | 26,560,000 | 28,012,000 | 26,593,000 | 26,633,000 |
| Noninterest-bearing deposits | 7,110,000 | 6,501,000 | 6,320,000 | 5,981,000 |
| Equity capital | 7,648,000 | 7,718,000 | 7,674,000 | 7,502,000 |
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 | 508,000 | 984,000 | 1,305,000 | 1,738,000 |
| Interest expense | 41,000 | 81,000 | 124,000 | 166,000 |
| Net interest income | 467,000 | 903,000 | 1,181,000 | 1,572,000 |
| Noninterest income | 35,000 | 68,000 | 105,000 | 143,000 |
| Noninterest expense | 403,000 | 797,000 | 1,161,000 | 1,670,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 69,000 | 114,000 | 35,000 | -75,000 |
| Income tax | 17,000 | 28,000 | 4,000 | -46,000 |
| Net income | 52,000 | 86,000 | 31,000 | -29,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,611,000 | 7,646,000 | 7,591,000 | 7,531,000 |
| Total capital | 7,917,000 | 7,958,000 | 7,914,000 | 7,862,000 |
| Risk-weighted assets | 24,316,000 | 24,740,000 | 25,657,000 | 26,247,000 |