Call reports 2016
SAGE CAPITAL BANK — 2016
What SAGE CAPITAL 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 | 342,201,000 | 340,413,000 | 343,093,000 | 349,343,000 |
| Total loans | 212,502,000 | 214,117,000 | 228,356,000 | 234,444,000 |
| Allowance for loan losses | 2,710,000 | 2,713,000 | 2,774,000 | 2,778,000 |
| Securities available for sale | 75,217,000 | 74,977,000 | 67,802,000 | 61,325,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 302,077,000 | 299,480,000 | 301,248,000 | 309,589,000 |
| Interest-bearing deposits | 197,053,000 | 196,791,000 | 197,626,000 | 203,134,000 |
| Noninterest-bearing deposits | 105,024,000 | 102,690,000 | 103,622,000 | 106,456,000 |
| Equity capital | 38,318,000 | 39,275,000 | 39,956,000 | 38,151,000 |
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 | 3,309,000 | 6,646,000 | 10,122,000 | 13,617,000 |
| Interest expense | 155,000 | 307,000 | 465,000 | 633,000 |
| Net interest income | 3,154,000 | 6,339,000 | 9,657,000 | 12,984,000 |
| Noninterest income | 426,000 | 791,000 | 1,162,000 | 1,535,000 |
| Noninterest expense | 2,495,000 | 4,934,000 | 7,401,000 | 9,916,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 240,000 |
| Pretax income | 1,025,000 | 2,076,000 | 3,325,000 | 4,450,000 |
| Income tax | 283,000 | 577,000 | 937,000 | 1,194,000 |
| Net income | 742,000 | 1,499,000 | 2,388,000 | 3,256,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,401,000 | 35,157,000 | 36,046,000 | 34,964,000 |
| Total capital | 37,362,000 | 38,121,000 | 39,071,000 | 37,993,000 |
| Risk-weighted assets | 244,662,000 | 245,699,000 | 252,503,000 | 257,640,000 |