Call reports 2016
ERGO BANK — 2016
What ERGO 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 | 75,446,000 | 76,445,000 | 79,938,000 | 79,667,000 |
| Total loans | 40,546,000 | 44,294,000 | 45,687,000 | 47,518,000 |
| Allowance for loan losses | 750,000 | 630,000 | 640,000 | 606,000 |
| Securities available for sale | 29,769,000 | 26,386,000 | 25,620,000 | 24,801,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,930,000 | 59,866,000 | 64,835,000 | 66,224,000 |
| Interest-bearing deposits | 56,472,000 | 56,408,000 | 58,158,000 | 59,179,000 |
| Noninterest-bearing deposits | 3,457,000 | 3,458,000 | 6,676,000 | 7,046,000 |
| Equity capital | 11,146,000 | 11,181,000 | 11,217,000 | 10,964,000 |
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 | 694,000 | 1,452,000 | 2,216,000 | 3,009,000 |
| Interest expense | 58,000 | 120,000 | 184,000 | 244,000 |
| Net interest income | 636,000 | 1,332,000 | 2,032,000 | 2,765,000 |
| Noninterest income | 106,000 | 178,000 | 251,000 | 315,000 |
| Noninterest expense | 604,000 | 1,283,000 | 1,967,000 | 2,600,000 |
| Provision for loan losses | 15,000 | 47,000 | 63,000 | 32,000 |
| Pretax income | 134,000 | 226,000 | 299,000 | 498,000 |
| Income tax | 9,000 | 27,000 | 35,000 | 30,000 |
| Net income | 125,000 | 199,000 | 264,000 | 468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,989,000 | 9,992,000 | 10,019,000 | 9,835,000 |
| Total capital | 10,587,000 | 10,622,000 | 10,659,000 | 10,441,000 |
| Risk-weighted assets | 47,354,000 | 50,590,000 | 52,354,000 | 53,649,000 |