Call reports 2016
FORBRIGHT BANK — 2016
What FORBRIGHT 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 | 798,418,000 | 789,265,000 | 836,664,000 | 835,262,000 |
| Total loans | 599,824,000 | 637,874,000 | 644,870,000 | 632,058,000 |
| Allowance for loan losses | 5,498,000 | 6,242,000 | 6,342,000 | 6,732,000 |
| Securities available for sale | 56,364,000 | 55,543,000 | 53,920,000 | 48,757,000 |
| Securities held to maturity | 4,000 | 4,000 | 4,000 | 4,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 690,771,000 | 677,632,000 | 711,292,000 | 699,447,000 |
| Interest-bearing deposits | 524,025,000 | 514,448,000 | 546,515,000 | 525,929,000 |
| Noninterest-bearing deposits | 166,747,000 | 163,184,000 | 164,777,000 | 173,517,000 |
| Equity capital | 82,885,000 | 86,142,000 | 89,428,000 | 100,112,000 |
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 | 9,357,000 | 18,663,000 | 28,471,000 | 38,547,000 |
| Interest expense | 998,000 | 1,939,000 | 2,909,000 | 3,827,000 |
| Net interest income | 8,359,000 | 16,724,000 | 25,562,000 | 34,720,000 |
| Noninterest income | 6,864,000 | 15,674,000 | 24,195,000 | 30,898,000 |
| Noninterest expense | 12,221,000 | 23,693,000 | 35,357,000 | 44,974,000 |
| Provision for loan losses | 780,000 | 1,659,000 | 2,038,000 | 3,430,000 |
| Pretax income | 2,222,000 | 7,046,000 | 12,362,000 | 17,214,000 |
| Income tax | 863,000 | 2,770,000 | 4,872,000 | 6,816,000 |
| Net income | 1,359,000 | 4,276,000 | 7,490,000 | 10,398,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,701,000 | 83,631,000 | 86,860,000 | 95,861,000 |
| Total capital | 86,333,000 | 90,015,000 | 93,360,000 | 102,773,000 |
| Risk-weighted assets | 588,902,000 | 628,052,000 | 615,969,000 | 626,931,000 |