Call reports 2016
OLD FORT BANKING COMPANY, THE — 2016
What OLD FORT BANKING COMPANY, 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 | 491,057,000 | 495,781,000 | 496,241,000 | 494,998,000 |
| Total loans | 282,479,000 | 284,831,000 | 284,144,000 | 295,535,000 |
| Allowance for loan losses | 3,533,000 | 3,072,000 | 3,069,000 | 3,141,000 |
| Securities available for sale | 161,198,000 | 157,152,000 | 169,961,000 | 167,922,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 434,208,000 | 436,500,000 | 436,377,000 | 438,791,000 |
| Interest-bearing deposits | 359,482,000 | 357,116,000 | 353,663,000 | 353,768,000 |
| Noninterest-bearing deposits | 74,726,000 | 79,384,000 | 82,714,000 | 85,023,000 |
| Equity capital | 40,626,000 | 43,790,000 | 44,202,000 | 38,851,000 |
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 | 3,945,000 | 7,870,000 | 11,973,000 | 16,112,000 |
| Interest expense | 395,000 | 785,000 | 1,175,000 | 1,560,000 |
| Net interest income | 3,550,000 | 7,085,000 | 10,798,000 | 14,552,000 |
| Noninterest income | 806,000 | 1,651,000 | 2,515,000 | 3,324,000 |
| Noninterest expense | 2,847,000 | 5,657,000 | 8,517,000 | 11,379,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 1,655,000 | 3,180,000 | 4,912,000 | 6,568,000 |
| Income tax | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 |
| Net income | 527,000 | 2,052,000 | 3,784,000 | 5,440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,145,000 | 40,670,000 | 41,402,000 | 41,308,000 |
| Total capital | 42,740,000 | 43,814,000 | 44,540,000 | 44,505,000 |
| Risk-weighted assets | 319,068,000 | 322,987,000 | 328,721,000 | 334,462,000 |