Call reports 2016
INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. — 2016
What INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. 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 | 85,088,000 | 100,951,000 | 102,369,000 | 107,722,000 |
| Total loans | 23,133,000 | 26,512,000 | 29,204,000 | 27,810,000 |
| Allowance for loan losses | 287,000 | 288,000 | 288,000 | 313,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 1,001,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,424,000 | 87,169,000 | 88,407,000 | 92,141,000 |
| Interest-bearing deposits | 0 | 0 | 0 | 0 |
| Noninterest-bearing deposits | 71,424,000 | 87,169,000 | 88,407,000 | 92,141,000 |
| Equity capital | 12,910,000 | 13,041,000 | 13,180,000 | 13,652,000 |
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 | 263,000 | 544,000 | 871,000 | 1,190,000 |
| Interest expense | 0 | 3,000 | 5,000 | 15,000 |
| Net interest income | 263,000 | 541,000 | 866,000 | 1,175,000 |
| Noninterest income | 970,000 | 2,009,000 | 2,980,000 | 3,713,000 |
| Noninterest expense | 1,068,000 | 2,173,000 | 3,246,000 | 4,051,000 |
| Provision for loan losses | 0 | 0 | 0 | 25,000 |
| Pretax income | 165,000 | 377,000 | 600,000 | 812,000 |
| Income tax | 63,000 | 144,000 | 228,000 | -32,000 |
| Net income | 102,000 | 233,000 | 372,000 | 844,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,910,000 | 13,041,000 | 13,180,000 | 13,652,000 |
| Total capital | 13,197,000 | 13,329,000 | 13,468,000 | 13,965,000 |
| Risk-weighted assets | 27,320,000 | 31,044,000 | 32,348,000 | 30,263,000 |