Call reports 2016
STATE EXCHANGE BANK, THE — 2016
What STATE EXCHANGE BANK, 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 | 54,278,000 | 58,433,000 | 56,958,000 | 58,170,000 |
| Total loans | 45,148,000 | 49,041,000 | 48,767,000 | 50,054,000 |
| Allowance for loan losses | 1,965,000 | 1,965,000 | 1,980,000 | 1,982,000 |
| Securities available for sale | 4,572,000 | 4,516,000 | 3,595,000 | 3,635,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,307,000 | 47,221,000 | 46,456,000 | 47,718,000 |
| Interest-bearing deposits | 29,526,000 | 32,520,000 | 32,842,000 | 33,340,000 |
| Noninterest-bearing deposits | 13,782,000 | 14,701,000 | 13,615,000 | 14,379,000 |
| Equity capital | 6,397,000 | 6,589,000 | 6,818,000 | 6,422,000 |
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 | 658,000 | 1,359,000 | 2,127,000 | 2,869,000 |
| Interest expense | 68,000 | 146,000 | 237,000 | 325,000 |
| Net interest income | 590,000 | 1,213,000 | 1,890,000 | 2,544,000 |
| Noninterest income | 19,000 | 147,000 | 162,000 | 177,000 |
| Noninterest expense | 357,000 | 827,000 | 1,209,000 | 1,589,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 252,000 | 533,000 | 867,000 | 1,156,000 |
| Income tax | 95,000 | 201,000 | 287,000 | 533,000 |
| Net income | 157,000 | 332,000 | 580,000 | 623,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,397,000 | 6,540,000 | 6,789,000 | 6,432,000 |
| Total capital | 7,015,000 | 7,180,000 | 7,412,000 | 7,052,000 |
| Risk-weighted assets | 48,073,000 | 49,836,000 | 48,514,000 | 48,261,000 |