Call reports 2016
NEW FRONTIER BANK — 2016
What NEW FRONTIER 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 | 94,713,000 | 95,917,000 | 95,540,000 | 93,133,000 |
| Total loans | 61,978,000 | 60,652,000 | 58,407,000 | 59,615,000 |
| Allowance for loan losses | 1,493,000 | 1,509,000 | 1,522,000 | 1,425,000 |
| Securities available for sale | 16,537,000 | 18,622,000 | 19,780,000 | 19,462,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,865,000 | 85,924,000 | 85,587,000 | 85,093,000 |
| Interest-bearing deposits | 66,762,000 | 65,431,000 | 64,806,000 | 65,553,000 |
| Noninterest-bearing deposits | 18,103,000 | 20,493,000 | 20,781,000 | 19,540,000 |
| Equity capital | 9,408,000 | 9,569,000 | 9,546,000 | 7,560,000 |
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 | 818,000 | 1,611,000 | 2,378,000 | 3,151,000 |
| Interest expense | 75,000 | 150,000 | 226,000 | 301,000 |
| Net interest income | 743,000 | 1,461,000 | 2,152,000 | 2,850,000 |
| Noninterest income | 120,000 | 228,000 | 387,000 | 179,000 |
| Noninterest expense | 808,000 | 1,607,000 | 2,416,000 | 4,523,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 60,000 | 88,000 | 135,000 | -1,482,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 60,000 | 88,000 | 135,000 | -1,482,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,396,000 | 9,424,000 | 9,439,000 | 7,822,000 |
| Total capital | 10,296,000 | 10,316,000 | 10,313,000 | 8,717,000 |
| Risk-weighted assets | 71,398,000 | 70,777,000 | 69,278,000 | 71,074,000 |