Call reports 2016
ATLANTIC STEWARDSHIP BANK — 2016
What ATLANTIC STEWARDSHIP 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 | 724,169,000 | 740,201,000 | 755,304,000 | 793,343,000 |
| Total loans | 528,730,000 | 538,194,000 | 552,296,000 | 604,630,000 |
| Allowance for loan losses | 8,540,000 | 8,388,000 | 8,150,000 | 7,905,000 |
| Securities available for sale | 95,575,000 | 96,471,000 | 101,485,000 | 96,597,000 |
| Securities held to maturity | 62,427,000 | 65,666,000 | 54,179,000 | 52,330,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 612,620,000 | 627,003,000 | 646,514,000 | 659,208,000 |
| Interest-bearing deposits | 580,955,000 | 591,809,000 | 616,025,000 | 631,989,000 |
| Noninterest-bearing deposits | 31,665,000 | 35,194,000 | 30,489,000 | 27,219,000 |
| Equity capital | 69,072,000 | 70,585,000 | 71,348,000 | 71,564,000 |
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 | 6,468,000 | 13,466,000 | 20,142,000 | 27,161,000 |
| Interest expense | 761,000 | 1,522,000 | 2,272,000 | 3,008,000 |
| Net interest income | 5,707,000 | 11,944,000 | 17,870,000 | 24,153,000 |
| Noninterest income | 771,000 | 1,543,000 | 2,331,000 | 3,245,000 |
| Noninterest expense | 4,852,000 | 9,762,000 | 14,689,000 | 19,621,000 |
| Provision for loan losses | -350,000 | -800,000 | -1,050,000 | -1,350,000 |
| Pretax income | 2,000,000 | 4,581,000 | 6,623,000 | 9,190,000 |
| Income tax | 707,000 | 1,633,000 | 2,360,000 | 3,292,000 |
| Net income | 1,293,000 | 2,948,000 | 4,263,000 | 5,898,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,750,000 | 70,020,000 | 70,827,000 | 72,356,000 |
| Total capital | 75,662,000 | 77,164,000 | 78,329,000 | 80,261,000 |
| Risk-weighted assets | 551,173,000 | 570,126,000 | 599,363,000 | 650,301,000 |