Call reports 2016
FIRST RESOURCE BANK — 2016
What FIRST RESOURCE 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 | 203,074,000 | 210,259,000 | 221,710,000 | 240,916,000 |
| Total loans | 179,771,000 | 186,907,000 | 189,041,000 | 197,839,000 |
| Allowance for loan losses | 1,420,000 | 1,451,000 | 1,485,000 | 1,579,000 |
| Securities available for sale | 7,750,000 | 7,291,000 | 7,856,000 | 23,830,000 |
| Securities held to maturity | 3,263,000 | 3,253,000 | 3,505,000 | 4,531,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,870,000 | 172,202,000 | 183,791,000 | 202,655,000 |
| Interest-bearing deposits | 152,356,000 | 155,404,000 | 166,537,000 | 183,805,000 |
| Noninterest-bearing deposits | 16,514,000 | 16,798,000 | 17,254,000 | 18,850,000 |
| Equity capital | 16,593,000 | 16,919,000 | 17,288,000 | 17,619,000 |
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 | 2,281,000 | 4,631,000 | 7,082,000 | 9,670,000 |
| Interest expense | 465,000 | 947,000 | 1,468,000 | 2,006,000 |
| Net interest income | 1,816,000 | 3,684,000 | 5,614,000 | 7,664,000 |
| Noninterest income | 73,000 | 148,000 | 223,000 | 363,000 |
| Noninterest expense | 1,496,000 | 2,931,000 | 4,402,000 | 5,924,000 |
| Provision for loan losses | 25,000 | 89,000 | 133,000 | 224,000 |
| Pretax income | 368,000 | 812,000 | 1,302,000 | 1,879,000 |
| Income tax | 114,000 | 254,000 | 412,000 | 598,000 |
| Net income | 254,000 | 558,000 | 890,000 | 1,281,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,516,000 | 16,834,000 | 17,182,000 | 17,692,000 |
| Total capital | 21,899,000 | 22,250,000 | 22,634,000 | 23,240,000 |
| Risk-weighted assets | 173,670,000 | 177,220,000 | 181,141,000 | 190,554,000 |