Call reports 2016
FORWARD BANK — 2016
What FORWARD 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 | 372,727,000 | 376,725,000 | 388,352,000 | 390,843,000 |
| Total loans | 294,497,000 | 299,713,000 | 306,137,000 | 303,510,000 |
| Allowance for loan losses | 3,064,000 | 2,909,000 | 3,051,000 | 3,128,000 |
| Securities available for sale | 12,642,000 | 11,985,000 | 12,557,000 | 13,754,000 |
| Securities held to maturity | 0 | 305,000 | 305,000 | 305,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 285,961,000 | 284,679,000 | 295,521,000 | 313,467,000 |
| Interest-bearing deposits | 217,745,000 | 217,871,000 | 223,776,000 | 233,493,000 |
| Noninterest-bearing deposits | 68,216,000 | 66,808,000 | 71,745,000 | 79,974,000 |
| Equity capital | 36,847,000 | 37,778,000 | 38,545,000 | 38,361,000 |
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 | 3,469,000 | 7,159,000 | 10,762,000 | 14,387,000 |
| Interest expense | 393,000 | 805,000 | 1,233,000 | 1,664,000 |
| Net interest income | 3,076,000 | 6,354,000 | 9,529,000 | 12,723,000 |
| Noninterest income | 860,000 | 2,053,000 | 3,089,000 | 3,961,000 |
| Noninterest expense | 3,055,000 | 6,061,000 | 8,875,000 | 12,781,000 |
| Provision for loan losses | 105,000 | 210,000 | 315,000 | 396,000 |
| Pretax income | 776,000 | 2,136,000 | 3,428,000 | 3,507,000 |
| Income tax | 271,000 | 769,000 | 1,244,000 | 1,239,000 |
| Net income | 505,000 | 1,367,000 | 2,184,000 | 2,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,738,000 | 32,649,000 | 33,515,000 | 33,618,000 |
| Total capital | 34,802,000 | 35,558,000 | 36,566,000 | 36,746,000 |
| Risk-weighted assets | 309,868,000 | 320,498,000 | 313,182,000 | 313,549,000 |