Call reports 2016
ERICSON STATE BANK — 2016
What ERICSON 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 | 81,437,000 | 79,288,000 | 77,101,000 | 78,979,000 |
| Total loans | 65,393,000 | 67,345,000 | 68,589,000 | 70,763,000 |
| Allowance for loan losses | 684,000 | 635,000 | 581,000 | 477,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 12,750,000 | 7,046,000 | 3,967,000 | 4,102,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,468,000 | 70,751,000 | 68,364,000 | 67,142,000 |
| Interest-bearing deposits | 65,029,000 | 64,800,000 | 62,342,000 | 60,226,000 |
| Noninterest-bearing deposits | 6,439,000 | 5,951,000 | 6,022,000 | 6,916,000 |
| Equity capital | 7,313,000 | 7,631,000 | 7,818,000 | 7,506,000 |
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 | 1,074,000 | 2,103,000 | 3,188,000 | 4,263,000 |
| Interest expense | 182,000 | 369,000 | 556,000 | 741,000 |
| Net interest income | 892,000 | 1,734,000 | 2,632,000 | 3,522,000 |
| Noninterest income | 38,000 | 75,000 | 87,000 | 112,000 |
| Noninterest expense | 358,000 | 765,000 | 1,210,000 | 1,773,000 |
| Provision for loan losses | 95,000 | 315,000 | 420,000 | 605,000 |
| Pretax income | 505,000 | 998,000 | 1,461,000 | 1,631,000 |
| Income tax | 101,000 | 201,000 | 302,000 | 569,000 |
| Net income | 404,000 | 797,000 | 1,159,000 | 1,062,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,313,000 | 7,631,000 | 7,818,000 | 7,506,000 |
| Total capital | 7,997,000 | 8,266,000 | 8,399,000 | 7,983,000 |
| Risk-weighted assets | 61,713,000 | 62,471,000 | 62,502,000 | 64,876,000 |