Call reports 2016
FREDONIA VALLEY BANK — 2016
What FREDONIA VALLEY 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 | 75,579,000 | 75,229,000 | 79,336,000 | 79,022,000 |
| Total loans | 51,547,000 | 51,733,000 | 53,272,000 | 53,142,000 |
| Allowance for loan losses | 1,472,000 | 1,428,000 | 1,204,000 | 1,118,000 |
| Securities available for sale | 15,228,000 | 13,788,000 | 13,959,000 | 14,409,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,549,000 | 57,947,000 | 62,140,000 | 63,445,000 |
| Interest-bearing deposits | 41,140,000 | 39,691,000 | 41,228,000 | 40,698,000 |
| Noninterest-bearing deposits | 19,409,000 | 18,256,000 | 20,912,000 | 22,747,000 |
| Equity capital | 11,240,000 | 11,538,000 | 11,605,000 | 11,417,000 |
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 | 871,000 | 1,735,000 | 2,579,000 | 3,482,000 |
| Interest expense | 67,000 | 135,000 | 199,000 | 258,000 |
| Net interest income | 804,000 | 1,600,000 | 2,380,000 | 3,224,000 |
| Noninterest income | 66,000 | 173,000 | 239,000 | 342,000 |
| Noninterest expense | 523,000 | 1,064,000 | 1,591,000 | 2,231,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 318,000 | 650,000 | 939,000 | 1,117,000 |
| Income tax | 72,000 | 138,000 | 235,000 | 275,000 |
| Net income | 246,000 | 512,000 | 704,000 | 842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,070,000 | 11,336,000 | 11,528,000 | 11,666,000 |
| Total capital | 11,676,000 | 11,946,000 | 12,161,000 | 12,309,000 |
| Risk-weighted assets | 47,659,000 | 48,060,000 | 50,146,000 | 51,004,000 |