Call reports 2016
SWEDISH-AMERICAN STATE BANK — 2016
What SWEDISH-AMERICAN 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 | 56,086,000 | 56,782,000 | 57,226,000 | 57,790,000 |
| Total loans | 42,104,000 | 41,799,000 | 43,628,000 | 43,640,000 |
| Allowance for loan losses | 527,000 | 537,000 | 554,000 | 742,000 |
| Securities available for sale | 12,423,000 | 13,004,000 | 12,279,000 | 12,865,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,172,000 | 46,694,000 | 46,059,000 | 47,641,000 |
| Interest-bearing deposits | 40,717,000 | 40,807,000 | 40,773,000 | 40,997,000 |
| Noninterest-bearing deposits | 6,455,000 | 5,887,000 | 5,286,000 | 6,644,000 |
| Equity capital | 4,379,000 | 4,605,000 | 4,688,000 | 4,324,000 |
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 | 631,000 | 1,219,000 | 1,838,000 | 2,447,000 |
| Interest expense | 73,000 | 145,000 | 224,000 | 309,000 |
| Net interest income | 558,000 | 1,074,000 | 1,614,000 | 2,138,000 |
| Noninterest income | 18,000 | 100,000 | 124,000 | 169,000 |
| Noninterest expense | 431,000 | 767,000 | 1,134,000 | 1,522,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 379,000 |
| Pretax income | 100,000 | 336,000 | 488,000 | 407,000 |
| Income tax | 35,000 | 82,000 | 149,000 | 186,000 |
| Net income | 65,000 | 254,000 | 339,000 | 221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,363,000 | 4,552,000 | 4,608,000 | 4,518,000 |
| Total capital | 4,890,000 | 5,089,000 | 5,162,000 | 5,079,000 |
| Risk-weighted assets | 45,164,000 | 43,747,000 | 44,576,000 | 44,723,000 |