Call reports 2016
1ST STATE BANK OF MASON CITY — 2016
What 1ST STATE BANK OF MASON CITY 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 | 29,566,000 | 28,392,000 | 28,067,000 | 27,195,000 |
| Total loans | 11,853,000 | 11,724,000 | 11,766,000 | 11,730,000 |
| Allowance for loan losses | 153,000 | 151,000 | 143,000 | 139,000 |
| Securities available for sale | 10,741,000 | 10,728,000 | 10,444,000 | 9,800,000 |
| Securities held to maturity | 746,000 | 672,000 | 633,000 | 586,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,914,000 | 24,579,000 | 24,188,000 | 23,475,000 |
| Interest-bearing deposits | 21,111,000 | 20,222,000 | 20,193,000 | 19,273,000 |
| Noninterest-bearing deposits | 4,803,000 | 4,357,000 | 3,995,000 | 4,202,000 |
| Equity capital | 3,619,000 | 3,794,000 | 3,867,000 | 3,680,000 |
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 | 223,000 | 450,000 | 665,000 | 880,000 |
| Interest expense | 24,000 | 48,000 | 71,000 | 96,000 |
| Net interest income | 199,000 | 402,000 | 594,000 | 784,000 |
| Noninterest income | 30,000 | 64,000 | 97,000 | 124,000 |
| Noninterest expense | 137,000 | 270,000 | 398,000 | 555,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 30,000 |
| Pretax income | 92,000 | 196,000 | 285,000 | 330,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 92,000 | 196,000 | 285,000 | 330,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,556,000 | 3,655,000 | 3,744,000 | 3,790,000 |
| Total capital | 3,709,000 | 3,806,000 | 3,887,000 | 3,929,000 |
| Risk-weighted assets | 13,864,000 | 13,399,000 | 13,412,000 | 13,208,000 |