Call reports 2016
HOWARD BANK — 2016
What HOWARD 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 | 990,326,000 | 988,591,000 | 1,014,558,000 | 1,027,051,000 |
| Total loans | 814,256,000 | 848,156,000 | 862,932,000 | 872,578,000 |
| Allowance for loan losses | 5,256,000 | 5,744,000 | 5,634,000 | 6,428,000 |
| Securities available for sale | 70,050,000 | 57,585,000 | 37,592,000 | 38,728,000 |
| Securities held to maturity | 0 | 0 | 0 | 6,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 815,769,000 | 810,623,000 | 816,056,000 | 820,969,000 |
| Interest-bearing deposits | 625,555,000 | 618,419,000 | 620,655,000 | 625,854,000 |
| Noninterest-bearing deposits | 190,214,000 | 192,204,000 | 195,401,000 | 195,115,000 |
| Equity capital | 86,124,000 | 87,990,000 | 89,909,000 | 90,826,000 |
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 | 9,612,000 | 19,164,000 | 28,988,000 | 38,741,000 |
| Interest expense | 928,000 | 1,976,000 | 3,002,000 | 4,066,000 |
| Net interest income | 8,684,000 | 17,188,000 | 25,986,000 | 34,675,000 |
| Noninterest income | 2,852,000 | 7,339,000 | 11,724,000 | 14,604,000 |
| Noninterest expense | 9,592,000 | 19,192,000 | 28,949,000 | 38,105,000 |
| Provision for loan losses | 385,000 | 900,000 | 1,302,000 | 2,037,000 |
| Pretax income | 1,559,000 | 4,435,000 | 7,459,000 | 9,137,000 |
| Income tax | 517,000 | 1,548,000 | 2,644,000 | 3,242,000 |
| Net income | 1,042,000 | 2,887,000 | 4,815,000 | 5,895,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,188,000 | 86,000,000 | 88,037,000 | 88,267,000 |
| Total capital | 89,447,000 | 91,752,000 | 93,676,000 | 94,696,000 |
| Risk-weighted assets | 800,806,000 | 842,219,000 | 846,779,000 | 859,911,000 |