Call reports 2016
EDGARTOWN NATIONAL BANK, THE — 2016
What EDGARTOWN NATIONAL BANK, THE 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 | 179,241,000 | 187,019,000 | 194,293,000 | 192,074,000 |
| Total loans | 151,540,000 | 150,400,000 | 152,837,000 | 158,102,000 |
| Allowance for loan losses | 1,413,000 | 1,413,000 | 1,413,000 | 1,413,000 |
| Securities available for sale | 17,121,000 | 15,855,000 | 16,405,000 | 16,357,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,736,000 | 161,568,000 | 171,407,000 | 169,057,000 |
| Interest-bearing deposits | 123,799,000 | 128,435,000 | 133,249,000 | 135,306,000 |
| Noninterest-bearing deposits | 28,937,000 | 33,133,000 | 38,158,000 | 33,751,000 |
| Equity capital | 17,762,000 | 17,778,000 | 16,034,000 | 16,278,000 |
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 | 1,592,000 | 3,188,000 | 4,799,000 | 6,412,000 |
| Interest expense | 184,000 | 372,000 | 582,000 | 739,000 |
| Net interest income | 1,408,000 | 2,816,000 | 4,217,000 | 5,673,000 |
| Noninterest income | 150,000 | 326,000 | 567,000 | 749,000 |
| Noninterest expense | 1,148,000 | 2,321,000 | 3,504,000 | 4,615,000 |
| Provision for loan losses | 13,000 | 13,000 | 13,000 | 13,000 |
| Pretax income | 397,000 | 808,000 | 1,267,000 | 1,794,000 |
| Income tax | 149,000 | 305,000 | 479,000 | 680,000 |
| Net income | 248,000 | 503,000 | 788,000 | 1,114,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,029,000 | 17,983,000 | 16,269,000 | 16,595,000 |
| Total capital | 19,518,000 | 19,472,000 | 17,758,000 | 18,084,000 |
| Risk-weighted assets | 127,138,000 | 123,305,000 | 121,469,000 | 124,537,000 |