Call reports 2016
GARRETT STATE BANK, THE — 2016
What GARRETT STATE BANK, 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 | 213,482,000 | 222,976,000 | 216,058,000 | 227,061,000 |
| Total loans | 159,962,000 | 161,572,000 | 162,149,000 | 163,418,000 |
| Allowance for loan losses | 1,754,000 | 1,795,000 | 1,713,000 | 1,749,000 |
| Securities available for sale | 31,771,000 | 30,741,000 | 29,132,000 | 27,361,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,040,000 | 182,265,000 | 176,706,000 | 187,931,000 |
| Interest-bearing deposits | 142,382,000 | 151,603,000 | 144,680,000 | 153,692,000 |
| Noninterest-bearing deposits | 30,658,000 | 30,662,000 | 32,026,000 | 34,239,000 |
| Equity capital | 21,065,000 | 21,821,000 | 22,098,000 | 21,706,000 |
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 | 2,202,000 | 4,435,000 | 6,691,000 | 8,919,000 |
| Interest expense | 310,000 | 619,000 | 924,000 | 1,225,000 |
| Net interest income | 1,892,000 | 3,816,000 | 5,767,000 | 7,694,000 |
| Noninterest income | 115,000 | 254,000 | 456,000 | 629,000 |
| Noninterest expense | 1,079,000 | 2,202,000 | 3,382,000 | 4,722,000 |
| Provision for loan losses | 60,000 | 120,000 | 165,000 | 225,000 |
| Pretax income | 868,000 | 1,748,000 | 2,676,000 | 3,376,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 868,000 | 1,748,000 | 2,676,000 | 3,376,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,561,000 | 20,951,000 | 21,389,000 | 21,576,000 |
| Total capital | 22,086,000 | 22,465,000 | 22,918,000 | 23,097,000 |
| Risk-weighted assets | 121,793,000 | 120,890,000 | 122,206,000 | 121,529,000 |