Call reports 2016
STRATFORD STATE BANK — 2016
What STRATFORD 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 | 107,158,000 | 109,543,000 | 109,018,000 | 112,684,000 |
| Total loans | 53,061,000 | 55,978,000 | 56,284,000 | 58,871,000 |
| Allowance for loan losses | 910,000 | 837,000 | 848,000 | 862,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 39,312,000 | 41,678,000 | 41,220,000 | 39,773,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,400,000 | 84,659,000 | 86,808,000 | 89,577,000 |
| Interest-bearing deposits | 74,495,000 | 73,558,000 | 74,333,000 | 75,882,000 |
| Noninterest-bearing deposits | 10,905,000 | 11,101,000 | 12,475,000 | 13,695,000 |
| Equity capital | 14,328,000 | 14,477,000 | 14,679,000 | 14,537,000 |
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 | 889,000 | 1,770,000 | 2,655,000 | 3,549,000 |
| Interest expense | 121,000 | 245,000 | 373,000 | 504,000 |
| Net interest income | 768,000 | 1,525,000 | 2,282,000 | 3,045,000 |
| Noninterest income | 65,000 | 165,000 | 257,000 | 369,000 |
| Noninterest expense | 568,000 | 1,195,000 | 1,767,000 | 2,329,000 |
| Provision for loan losses | 0 | 0 | 5,000 | 65,000 |
| Pretax income | 265,000 | 495,000 | 767,000 | 1,020,000 |
| Income tax | 84,000 | 164,000 | 235,000 | 301,000 |
| Net income | 181,000 | 331,000 | 532,000 | 719,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,150,000 | 13,298,000 | 13,498,000 | 13,355,000 |
| Total capital | 13,970,000 | 14,135,000 | 14,346,000 | 14,217,000 |
| Risk-weighted assets | 65,528,000 | 68,984,000 | 68,601,000 | 70,345,000 |