Call reports 2016
BANK OF LAVERNE — 2016
What BANK OF LAVERNE 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 | 63,871,000 | 61,083,000 | 59,150,000 | 58,250,000 |
| Total loans | 32,547,000 | 32,662,000 | 33,252,000 | 33,471,000 |
| Allowance for loan losses | 457,000 | 469,000 | 480,000 | 1,056,000 |
| Securities available for sale | 15,713,000 | 14,771,000 | 14,563,000 | 13,793,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,419,000 | 50,303,000 | 48,188,000 | 48,993,000 |
| Interest-bearing deposits | 37,992,000 | 36,180,000 | 34,378,000 | 33,691,000 |
| Noninterest-bearing deposits | 15,427,000 | 14,123,000 | 13,810,000 | 15,302,000 |
| Equity capital | 9,993,000 | 10,241,000 | 10,368,000 | 9,220,000 |
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 | 648,000 | 1,312,000 | 1,988,000 | 2,599,000 |
| Interest expense | 36,000 | 70,000 | 104,000 | 136,000 |
| Net interest income | 612,000 | 1,242,000 | 1,884,000 | 2,463,000 |
| Noninterest income | 61,000 | 122,000 | 188,000 | 242,000 |
| Noninterest expense | 374,000 | 769,000 | 1,245,000 | 1,780,000 |
| Provision for loan losses | 59,000 | 70,000 | 105,000 | 932,000 |
| Pretax income | 274,000 | 559,000 | 756,000 | 27,000 |
| Income tax | 56,000 | 130,000 | 170,000 | -135,000 |
| Net income | 218,000 | 429,000 | 586,000 | 162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,668,000 | 9,878,000 | 10,036,000 | 9,112,000 |
| Total capital | 10,125,000 | 10,347,000 | 10,516,000 | 9,620,000 |
| Risk-weighted assets | 40,009,000 | 39,919,000 | 40,119,000 | 40,120,000 |