Call reports 2016
SOUTH STORY BANK & TRUST — 2016
What SOUTH STORY BANK & TRUST 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 | 155,417,000 | 155,518,000 | 162,540,000 | 165,734,000 |
| Total loans | 122,222,000 | 121,922,000 | 119,700,000 | 128,937,000 |
| Allowance for loan losses | 1,330,000 | 1,557,000 | 1,644,000 | 1,587,000 |
| Securities available for sale | 14,276,000 | 15,122,000 | 15,297,000 | 15,412,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,963,000 | 135,677,000 | 142,499,000 | 145,429,000 |
| Interest-bearing deposits | 107,784,000 | 110,922,000 | 114,757,000 | 113,859,000 |
| Noninterest-bearing deposits | 28,179,000 | 24,755,000 | 27,742,000 | 31,570,000 |
| Equity capital | 15,371,000 | 15,675,000 | 15,870,000 | 16,109,000 |
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 | 1,605,000 | 3,373,000 | 5,080,000 | 6,842,000 |
| Interest expense | 174,000 | 381,000 | 599,000 | 827,000 |
| Net interest income | 1,431,000 | 2,992,000 | 4,481,000 | 6,015,000 |
| Noninterest income | 247,000 | 711,000 | 1,201,000 | 1,785,000 |
| Noninterest expense | 1,223,000 | 2,491,000 | 3,925,000 | 5,256,000 |
| Provision for loan losses | 69,000 | 138,000 | 207,000 | 301,000 |
| Pretax income | 386,000 | 1,074,000 | 1,549,000 | 2,242,000 |
| Income tax | 23,000 | 54,000 | 77,000 | 112,000 |
| Net income | 363,000 | 1,020,000 | 1,472,000 | 2,130,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,587,000 | 11,823,000 | 12,076,000 | 12,533,000 |
| Total capital | 12,917,000 | 13,270,000 | 13,517,000 | 14,068,000 |
| Risk-weighted assets | 114,069,000 | 115,666,000 | 115,146,000 | 122,758,000 |