Call reports 2016
VISIONBANK — 2016
What VISIONBANK 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 | 57,722,000 | 62,917,000 | 70,838,000 | 73,548,000 |
| Total loans | 50,214,000 | 55,839,000 | 58,798,000 | 64,531,000 |
| Allowance for loan losses | 628,000 | 669,000 | 699,000 | 743,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,945,000 | 55,879,000 | 63,547,000 | 66,117,000 |
| Interest-bearing deposits | 44,407,000 | 50,317,000 | 57,505,000 | 60,247,000 |
| Noninterest-bearing deposits | 6,538,000 | 5,562,000 | 6,042,000 | 5,870,000 |
| Equity capital | 6,710,000 | 6,965,000 | 7,223,000 | 7,347,000 |
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 | 723,000 | 1,502,000 | 2,356,000 | 3,240,000 |
| Interest expense | 146,000 | 308,000 | 503,000 | 713,000 |
| Net interest income | 577,000 | 1,194,000 | 1,853,000 | 2,527,000 |
| Noninterest income | 6,000 | 11,000 | 16,000 | -62,000 |
| Noninterest expense | 350,000 | 676,000 | 1,052,000 | 1,481,000 |
| Provision for loan losses | 32,000 | 73,000 | 103,000 | 147,000 |
| Pretax income | 201,000 | 456,000 | 714,000 | 837,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 201,000 | 456,000 | 714,000 | 837,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,710,000 | 6,965,000 | 7,223,000 | 7,347,000 |
| Total capital | 7,251,000 | 7,567,000 | 7,850,000 | 8,039,000 |
| Risk-weighted assets | 43,213,000 | 48,105,000 | 50,151,000 | 55,343,000 |