Call reports 2016
HAPPEN BANK, NATIONAL ASSOCIATION — 2016
What HAPPEN BANK, NATIONAL ASSOCIATION 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 | 790,078,000 | 834,962,000 | 850,060,000 | 946,462,000 |
| Total loans | 647,943,000 | 668,481,000 | 699,429,000 | 794,415,000 |
| Allowance for loan losses | 7,090,000 | 200,000 | 910,000 | 2,769,000 |
| Securities available for sale | 70,699,000 | 66,693,000 | 69,800,000 | 67,257,000 |
| Securities held to maturity | 16,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 655,443,000 | 690,692,000 | 703,096,000 | 754,586,000 |
| Interest-bearing deposits | 599,202,000 | 631,757,000 | 637,401,000 | 688,304,000 |
| Noninterest-bearing deposits | 56,241,000 | 58,935,000 | 65,695,000 | 66,282,000 |
| Equity capital | 63,727,000 | 71,794,000 | 72,764,000 | 90,930,000 |
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 | 6,969,000 | 2,715,000 | 11,049,000 | 20,101,000 |
| Interest expense | 1,322,000 | 358,000 | 1,452,000 | 2,652,000 |
| Net interest income | 5,647,000 | 2,357,000 | 9,597,000 | 17,449,000 |
| Noninterest income | 507,000 | 238,000 | 2,245,000 | 10,270,000 |
| Noninterest expense | 5,201,000 | 2,095,000 | 9,073,000 | 17,069,000 |
| Provision for loan losses | 150,000 | 200,000 | 910,000 | 2,769,000 |
| Pretax income | 803,000 | 300,000 | 1,859,000 | 7,881,000 |
| Income tax | 231,000 | 92,000 | 638,000 | 2,893,000 |
| Net income | 572,000 | 208,000 | 1,221,000 | 4,988,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,856,000 | 69,444,000 | 70,519,000 | 89,650,000 |
| Total capital | 69,981,000 | 69,679,000 | 71,464,000 | 92,447,000 |
| Risk-weighted assets | 579,199,000 | 603,408,000 | 631,415,000 | 731,587,000 |