Call reports 2016
BANK OF PALMER — 2016
What BANK OF PALMER 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 | 42,544,000 | 41,710,000 | 42,780,000 | 41,940,000 |
| Total loans | 22,710,000 | 22,979,000 | 23,986,000 | 23,724,000 |
| Allowance for loan losses | 463,000 | 422,000 | 425,000 | 429,000 |
| Securities available for sale | 18,108,000 | 16,724,000 | 15,630,000 | 16,281,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,824,000 | 36,878,000 | 37,886,000 | 37,609,000 |
| Interest-bearing deposits | 33,185,000 | 33,021,000 | 34,197,000 | 32,865,000 |
| Noninterest-bearing deposits | 4,639,000 | 3,857,000 | 3,689,000 | 4,744,000 |
| Equity capital | 4,167,000 | 4,311,000 | 4,302,000 | 3,988,000 |
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 | 367,000 | 745,000 | 1,104,000 | 1,478,000 |
| Interest expense | 68,000 | 134,000 | 199,000 | 264,000 |
| Net interest income | 299,000 | 611,000 | 905,000 | 1,214,000 |
| Noninterest income | 23,000 | 36,000 | 53,000 | 68,000 |
| Noninterest expense | 256,000 | 515,000 | 765,000 | 982,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 13,000 |
| Pretax income | 69,000 | 161,000 | 225,000 | 335,000 |
| Income tax | 4,000 | 9,000 | 12,000 | 25,000 |
| Net income | 65,000 | 152,000 | 213,000 | 310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,028,000 | 4,115,000 | 4,126,000 | 4,223,000 |
| Total capital | 4,339,000 | 4,426,000 | 4,451,000 | 4,544,000 |
| Risk-weighted assets | 24,765,000 | 24,771,000 | 25,866,000 | 25,564,000 |
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