Call reports 2016
STATE BANK OF FAIRMONT — 2016
What STATE BANK OF FAIRMONT 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 | 107,848,000 | 104,153,000 | 105,473,000 | 105,875,000 |
| Total loans | 76,912,000 | 75,087,000 | 75,902,000 | 74,036,000 |
| Allowance for loan losses | 1,396,000 | 1,466,000 | 1,535,000 | 1,369,000 |
| Securities available for sale | 20,997,000 | 18,141,000 | 17,181,000 | 18,338,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,760,000 | 88,135,000 | 88,717,000 | 91,241,000 |
| Interest-bearing deposits | 79,971,000 | 78,572,000 | 78,997,000 | 80,928,000 |
| Noninterest-bearing deposits | 10,789,000 | 9,563,000 | 9,720,000 | 10,313,000 |
| Equity capital | 11,569,000 | 11,553,000 | 11,679,000 | 10,900,000 |
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 | 1,121,000 | 2,220,000 | 3,308,000 | 4,412,000 |
| Interest expense | 154,000 | 308,000 | 464,000 | 624,000 |
| Net interest income | 967,000 | 1,912,000 | 2,844,000 | 3,788,000 |
| Noninterest income | 50,000 | 116,000 | 169,000 | 228,000 |
| Noninterest expense | 555,000 | 1,103,000 | 1,662,000 | 2,774,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 340,000 |
| Pretax income | 402,000 | 805,000 | 1,171,000 | 902,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 401,000 | 804,000 | 1,170,000 | 901,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,492,000 | 11,364,000 | 11,552,000 | 11,183,000 |
| Total capital | 12,504,000 | 12,339,000 | 12,529,000 | 12,149,000 |
| Risk-weighted assets | 80,548,000 | 77,523,000 | 77,567,000 | 76,912,000 |