Call reports 2016
BANK OF AKRON — 2016
What BANK OF AKRON 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 | 279,078,000 | 283,557,000 | 292,729,000 | 298,229,000 |
| Total loans | 219,399,000 | 224,080,000 | 232,471,000 | 241,643,000 |
| Allowance for loan losses | 5,123,000 | 5,271,000 | 4,568,000 | 4,862,000 |
| Securities available for sale | 40,754,000 | 40,913,000 | 39,597,000 | 38,358,000 |
| Securities held to maturity | 3,177,000 | 2,856,000 | 2,657,000 | 3,410,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,500,000 | 248,015,000 | 256,325,000 | 256,852,000 |
| Interest-bearing deposits | 184,447,000 | 182,034,000 | 187,178,000 | 189,967,000 |
| Noninterest-bearing deposits | 61,053,000 | 65,981,000 | 69,146,000 | 66,885,000 |
| Equity capital | 27,395,000 | 27,900,000 | 28,061,000 | 28,169,000 |
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 | 2,838,000 | 5,766,000 | 8,674,000 | 11,664,000 |
| Interest expense | 180,000 | 362,000 | 546,000 | 733,000 |
| Net interest income | 2,658,000 | 5,404,000 | 8,128,000 | 10,931,000 |
| Noninterest income | 340,000 | 733,000 | 1,115,000 | 1,530,000 |
| Noninterest expense | 2,221,000 | 4,421,000 | 6,674,000 | 8,854,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 750,000 |
| Pretax income | 625,000 | 1,454,000 | 2,148,000 | 2,919,000 |
| Income tax | 227,000 | 540,000 | 737,000 | 830,000 |
| Net income | 398,000 | 914,000 | 1,411,000 | 2,089,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,284,000 | 26,605,000 | 26,893,000 | 27,435,000 |
| Total capital | 29,548,000 | 29,997,000 | 30,424,000 | 31,040,000 |
| Risk-weighted assets | 226,464,000 | 229,686,000 | 240,316,000 | 246,601,000 |