Call reports 2016
FIRST NATIONAL BANK OF STERLING CITY, THE — 2016
What FIRST NATIONAL BANK OF STERLING CITY, 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 | 170,490,000 | 154,881,000 | 158,315,000 | 166,886,000 |
| Total loans | 33,584,000 | 33,109,000 | 32,592,000 | 31,514,000 |
| Allowance for loan losses | 439,000 | 420,000 | 408,000 | 380,000 |
| Securities available for sale | 90,624,000 | 90,105,000 | 91,823,000 | 89,860,000 |
| Securities held to maturity | 6,553,000 | 6,866,000 | 7,016,000 | 7,293,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,141,000 | 140,893,000 | 143,962,000 | 156,096,000 |
| Interest-bearing deposits | 93,517,000 | 85,059,000 | 85,714,000 | 90,267,000 |
| Noninterest-bearing deposits | 63,625,000 | 55,834,000 | 58,248,000 | 65,828,000 |
| Equity capital | 13,286,000 | 13,886,000 | 14,230,000 | 10,723,000 |
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 | 984,000 | 1,933,000 | 2,871,000 | 3,800,000 |
| Interest expense | 33,000 | 64,000 | 94,000 | 124,000 |
| Net interest income | 951,000 | 1,869,000 | 2,777,000 | 3,676,000 |
| Noninterest income | 82,000 | 163,000 | 247,000 | 342,000 |
| Noninterest expense | 716,000 | 1,429,000 | 2,140,000 | 2,908,000 |
| Provision for loan losses | 55,000 | 115,000 | 115,000 | 130,000 |
| Pretax income | 290,000 | 582,000 | 869,000 | 1,112,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 290,000 | 582,000 | 869,000 | 1,112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,971,000 | 13,157,000 | 13,337,000 | 12,853,000 |
| Total capital | 13,410,000 | 13,577,000 | 13,745,000 | 13,233,000 |
| Risk-weighted assets | 52,533,000 | 52,522,000 | 52,042,000 | 51,081,000 |