Call reports 2016
SMARTBIZ BANK, N.A. — 2016
What SMARTBIZ BANK, N.A. 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 | 80,781,000 | 81,809,000 | 89,614,000 | 89,320,000 |
| Total loans | 56,775,000 | 62,147,000 | 66,805,000 | 68,942,000 |
| Allowance for loan losses | 838,000 | 799,000 | 1,008,000 | 976,000 |
| Securities available for sale | 5,788,000 | 5,412,000 | 5,032,000 | 4,719,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,559,000 | 72,250,000 | 79,937,000 | 79,143,000 |
| Interest-bearing deposits | 63,463,000 | 63,232,000 | 71,058,000 | 69,019,000 |
| Noninterest-bearing deposits | 7,096,000 | 9,018,000 | 8,879,000 | 10,124,000 |
| Equity capital | 9,087,000 | 8,186,000 | 8,605,000 | 8,735,000 |
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 | 732,000 | 1,546,000 | 2,424,000 | 3,403,000 |
| Interest expense | 117,000 | 236,000 | 372,000 | 520,000 |
| Net interest income | 615,000 | 1,310,000 | 2,052,000 | 2,883,000 |
| Noninterest income | 126,000 | -243,000 | 638,000 | 975,000 |
| Noninterest expense | 889,000 | 1,832,000 | 2,829,000 | 3,763,000 |
| Provision for loan losses | 148,000 | 428,000 | 633,000 | 730,000 |
| Pretax income | -296,000 | -1,193,000 | -772,000 | -635,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -296,000 | -1,193,000 | -772,000 | -635,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,078,000 | 8,181,000 | 8,602,000 | 8,739,000 |
| Total capital | 9,891,000 | 8,980,000 | 9,497,000 | 9,647,000 |
| Risk-weighted assets | 65,011,000 | 68,712,000 | 71,481,000 | 72,584,000 |