Call reports 2016
SOLOMON STATE BANK — 2016
What SOLOMON STATE 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 | 204,303,000 | 202,425,000 | 201,081,000 | 197,550,000 |
| Total loans | 175,886,000 | 173,791,000 | 172,982,000 | 169,578,000 |
| Allowance for loan losses | 5,523,000 | 5,735,000 | 5,814,000 | 5,726,000 |
| Securities available for sale | 9,945,000 | 9,485,000 | 9,469,000 | 9,448,000 |
| Securities held to maturity | 256,000 | 256,000 | 236,000 | 236,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,464,000 | 164,488,000 | 165,530,000 | 162,470,000 |
| Interest-bearing deposits | 156,080,000 | 156,205,000 | 156,179,000 | 151,197,000 |
| Noninterest-bearing deposits | 9,384,000 | 8,283,000 | 9,351,000 | 11,273,000 |
| Equity capital | 28,807,000 | 27,010,000 | 27,608,000 | 28,228,000 |
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 | 2,346,000 | 4,670,000 | 7,002,000 | 9,273,000 |
| Interest expense | 421,000 | 857,000 | 1,302,000 | 1,729,000 |
| Net interest income | 1,925,000 | 3,813,000 | 5,700,000 | 7,544,000 |
| Noninterest income | 96,000 | 223,000 | 291,000 | 396,000 |
| Noninterest expense | 688,000 | 1,496,000 | 2,225,000 | 2,886,000 |
| Provision for loan losses | 430,000 | 905,000 | 1,035,000 | 1,135,000 |
| Pretax income | 903,000 | 1,635,000 | 2,731,000 | 3,919,000 |
| Income tax | 38,000 | 70,000 | 118,000 | 172,000 |
| Net income | 865,000 | 1,565,000 | 2,613,000 | 3,747,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,808,000 | 27,007,000 | 27,607,000 | 28,232,000 |
| Total capital | 30,474,000 | 28,650,000 | 29,259,000 | 29,791,000 |
| Risk-weighted assets | 129,402,000 | 127,352,000 | 127,999,000 | 120,562,000 |