Call reports 2016
FOUNDATION ONE BANK — 2016
What FOUNDATION ONE 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 | 79,350,000 | 87,187,000 | 89,877,000 | 93,329,000 |
| Total loans | 67,180,000 | 72,861,000 | 76,536,000 | 81,338,000 |
| Allowance for loan losses | 510,000 | 550,000 | 575,000 | 616,000 |
| Securities available for sale | 6,811,000 | 6,564,000 | 6,873,000 | 6,285,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,476,000 | 70,794,000 | 72,481,000 | 74,364,000 |
| Interest-bearing deposits | 52,466,000 | 57,553,000 | 55,708,000 | 56,419,000 |
| Noninterest-bearing deposits | 12,010,000 | 13,241,000 | 16,773,000 | 17,945,000 |
| Equity capital | 8,034,000 | 9,633,000 | 9,808,000 | 9,983,000 |
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 | 769,000 | 1,586,000 | 2,456,000 | 3,411,000 |
| Interest expense | 136,000 | 282,000 | 430,000 | 582,000 |
| Net interest income | 633,000 | 1,304,000 | 2,026,000 | 2,829,000 |
| Noninterest income | 486,000 | 881,000 | 1,451,000 | 1,935,000 |
| Noninterest expense | 936,000 | 1,808,000 | 2,804,000 | 3,724,000 |
| Provision for loan losses | 15,000 | 55,000 | 80,000 | 121,000 |
| Pretax income | 168,000 | 322,000 | 593,000 | 919,000 |
| Income tax | 60,000 | 118,000 | 216,000 | 342,000 |
| Net income | 108,000 | 204,000 | 377,000 | 577,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,340,000 | 8,939,000 | 9,121,000 | 9,289,000 |
| Total capital | 7,850,000 | 9,489,000 | 9,696,000 | 9,905,000 |
| Risk-weighted assets | 69,910,000 | 75,086,000 | 73,342,000 | 80,346,000 |