Call reports 2016
ASCEND BANK — 2016
What ASCEND 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 | 635,195,000 | 645,586,000 | 652,041,000 | 665,253,000 |
| Total loans | 439,585,000 | 446,356,000 | 473,556,000 | 487,117,000 |
| Allowance for loan losses | 4,284,000 | 4,338,000 | 4,561,000 | 4,789,000 |
| Securities available for sale | 138,359,000 | 136,189,000 | 129,406,000 | 122,196,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 497,349,000 | 509,374,000 | 503,376,000 | 523,675,000 |
| Interest-bearing deposits | 422,562,000 | 432,980,000 | 429,180,000 | 444,660,000 |
| Noninterest-bearing deposits | 74,787,000 | 76,394,000 | 74,196,000 | 79,015,000 |
| Equity capital | 84,685,000 | 86,659,000 | 87,021,000 | 86,920,000 |
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 | 5,410,000 | 10,844,000 | 16,460,000 | 22,372,000 |
| Interest expense | 613,000 | 1,247,000 | 1,888,000 | 2,523,000 |
| Net interest income | 4,797,000 | 9,597,000 | 14,572,000 | 19,849,000 |
| Noninterest income | 886,000 | 1,891,000 | 2,757,000 | 3,679,000 |
| Noninterest expense | 4,311,000 | 8,946,000 | 14,073,000 | 18,700,000 |
| Provision for loan losses | 100,000 | 250,000 | 500,000 | 780,000 |
| Pretax income | 1,272,000 | 2,647,000 | 3,682,000 | 5,138,000 |
| Income tax | 208,000 | 378,000 | 547,000 | 886,000 |
| Net income | 1,023,000 | 2,187,000 | 3,069,000 | 4,056,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 81,616,000 | 82,785,000 | 83,674,000 | 84,619,000 |
| Total capital | 87,717,000 | 89,281,000 | 90,176,000 | 91,188,000 |
| Risk-weighted assets | 467,421,000 | 474,203,000 | 487,739,000 | 490,051,000 |