Call reports 2016
DENMARK STATE BANK — 2016
What DENMARK STATE 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 | 413,974,000 | 424,690,000 | 432,184,000 | 444,451,000 |
| Total loans | 314,052,000 | 323,254,000 | 335,825,000 | 354,004,000 |
| Allowance for loan losses | 5,416,000 | 4,924,000 | 5,076,000 | 5,351,000 |
| Securities available for sale | 63,607,000 | 65,955,000 | 63,740,000 | 61,444,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 362,779,000 | 365,324,000 | 371,906,000 | 384,835,000 |
| Interest-bearing deposits | 306,623,000 | 308,842,000 | 311,550,000 | 317,197,000 |
| Noninterest-bearing deposits | 56,156,000 | 56,482,000 | 60,357,000 | 67,639,000 |
| Equity capital | 48,016,000 | 48,107,000 | 49,047,000 | 48,142,000 |
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 | 4,003,000 | 7,962,000 | 12,093,000 | 16,347,000 |
| Interest expense | 370,000 | 742,000 | 1,152,000 | 1,573,000 |
| Net interest income | 3,633,000 | 7,220,000 | 10,941,000 | 14,774,000 |
| Noninterest income | 544,000 | 1,195,000 | 1,855,000 | 2,828,000 |
| Noninterest expense | 2,801,000 | 5,724,000 | 8,583,000 | 12,162,000 |
| Provision for loan losses | 0 | 150,000 | 225,000 | 300,000 |
| Pretax income | 1,376,000 | 2,541,000 | 3,988,000 | 5,140,000 |
| Income tax | 470,000 | 856,000 | 1,349,000 | 1,602,000 |
| Net income | 906,000 | 1,685,000 | 2,639,000 | 3,538,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,990,000 | 46,766,000 | 48,255,000 | 48,157,000 |
| Total capital | 50,849,000 | 50,803,000 | 52,408,000 | 52,531,000 |
| Risk-weighted assets | 307,130,000 | 322,047,000 | 331,303,000 | 348,910,000 |