Call reports 2016
BANK OF PROTECTION, THE — 2016
What BANK OF PROTECTION, 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 | 65,306,000 | 62,642,000 | 60,352,000 | 64,449,000 |
| Total loans | 42,272,000 | 40,484,000 | 40,432,000 | 43,148,000 |
| Allowance for loan losses | 413,000 | 431,000 | 454,000 | 403,000 |
| Securities available for sale | 13,127,000 | 13,201,000 | 9,363,000 | 9,909,000 |
| Securities held to maturity | 200,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,705,000 | 50,624,000 | 49,046,000 | 50,029,000 |
| Interest-bearing deposits | 40,418,000 | 40,305,000 | 38,313,000 | 39,944,000 |
| Noninterest-bearing deposits | 11,287,000 | 10,319,000 | 10,733,000 | 10,086,000 |
| Equity capital | 8,060,000 | 8,337,000 | 8,424,000 | 8,268,000 |
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 | 661,000 | 1,320,000 | 1,966,000 | 2,603,000 |
| Interest expense | 59,000 | 117,000 | 174,000 | 232,000 |
| Net interest income | 602,000 | 1,203,000 | 1,792,000 | 2,371,000 |
| Noninterest income | 37,000 | 74,000 | 115,000 | 156,000 |
| Noninterest expense | 365,000 | 800,000 | 1,214,000 | 1,636,000 |
| Provision for loan losses | 25,000 | 55,000 | 80,000 | 105,000 |
| Pretax income | 286,000 | 490,000 | 750,000 | 949,000 |
| Income tax | 66,000 | 107,000 | 170,000 | 226,000 |
| Net income | 220,000 | 383,000 | 580,000 | 723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,998,000 | 8,167,000 | 8,369,000 | 8,519,000 |
| Total capital | 8,411,000 | 8,598,000 | 8,823,000 | 8,922,000 |
| Risk-weighted assets | 46,688,000 | 44,569,000 | 44,839,000 | 47,686,000 |