Call reports 2016
ATLANTIC COMMUNITY BANK — 2016
What ATLANTIC COMMUNITY 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 | 82,514,000 | 81,153,000 | 81,875,000 | 90,373,000 |
| Total loans | 64,661,000 | 65,378,000 | 65,809,000 | 66,444,000 |
| Allowance for loan losses | 746,000 | 712,000 | 687,000 | 724,000 |
| Securities available for sale | 766,000 | 776,000 | 717,000 | 696,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,210,000 | 69,726,000 | 71,585,000 | 80,009,000 |
| Interest-bearing deposits | 38,244,000 | 40,748,000 | 35,552,000 | 38,782,000 |
| Noninterest-bearing deposits | 32,966,000 | 28,978,000 | 36,033,000 | 41,227,000 |
| Equity capital | 9,867,000 | 9,988,000 | 10,093,000 | 10,206,000 |
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 | 805,000 | 1,655,000 | 2,512,000 | 3,367,000 |
| Interest expense | 54,000 | 101,000 | 146,000 | 182,000 |
| Net interest income | 751,000 | 1,554,000 | 2,366,000 | 3,185,000 |
| Noninterest income | 368,000 | 484,000 | 600,000 | 709,000 |
| Noninterest expense | 712,000 | 1,448,000 | 2,171,000 | 2,900,000 |
| Provision for loan losses | 250,000 | 250,000 | 285,000 | 285,000 |
| Pretax income | 157,000 | 340,000 | 510,000 | 709,000 |
| Income tax | 58,000 | 127,000 | 190,000 | 262,000 |
| Net income | 99,000 | 213,000 | 320,000 | 447,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,359,000 | 7,473,000 | 7,580,000 | 7,945,000 |
| Total capital | 8,105,000 | 8,185,000 | 8,267,000 | 8,669,000 |
| Risk-weighted assets | 59,464,000 | 60,582,000 | 59,126,000 | 58,419,000 |