Call reports 2016
HIGH POINT BANK AND TRUST COMPANY — 2016
What HIGH POINT BANK AND TRUST COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Total assets | 852,148,000 | 778,715,000 | 807,924,000 |
| Total loans | 511,433,000 | 498,720,000 | 476,120,000 |
| Allowance for loan losses | 7,173,000 | 7,090,000 | 6,797,000 |
| Securities available for sale | 204,275,000 | 190,492,000 | 172,661,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 701,432,000 | 633,961,000 | 663,808,000 |
| Interest-bearing deposits | 515,263,000 | 462,394,000 | 488,282,000 |
| Noninterest-bearing deposits | 186,169,000 | 171,567,000 | 175,526,000 |
| Equity capital | 100,926,000 | 102,494,000 | 103,479,000 |
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 |
|---|---|---|---|
| Interest income | 6,653,000 | 13,205,000 | 19,589,000 |
| Interest expense | 590,000 | 1,114,000 | 1,620,000 |
| Net interest income | 6,063,000 | 12,091,000 | 17,969,000 |
| Noninterest income | 3,097,000 | 5,696,000 | 8,564,000 |
| Noninterest expense | 7,108,000 | 14,196,000 | 20,913,000 |
| Provision for loan losses | 0 | 50,000 | -450,000 |
| Pretax income | 2,064,000 | 3,553,000 | 6,257,000 |
| Income tax | 595,000 | 881,000 | 1,696,000 |
| Net income | 1,469,000 | 2,672,000 | 4,561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Tier 1 capital | 93,979,000 | 94,498,000 | 96,188,000 |
| Total capital | 101,302,000 | 101,738,000 | 103,135,000 |
| Risk-weighted assets | 628,678,000 | 620,332,000 | 607,307,000 |