Call reports 2016
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2016
What ARMED FORCES 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 | 1,017,345,000 | 1,030,615,000 | 1,087,606,000 | 1,091,773,000 |
| Total loans | 517,404,000 | 522,600,000 | 599,664,000 | 636,594,000 |
| Allowance for loan losses | 16,314,000 | 18,926,000 | 18,494,000 | 12,964,000 |
| Securities available for sale | 349,958,000 | 362,547,000 | 292,296,000 | 267,275,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 774,565,000 | 764,798,000 | 837,180,000 | 861,220,000 |
| Interest-bearing deposits | 578,557,000 | 573,752,000 | 598,956,000 | 621,088,000 |
| Noninterest-bearing deposits | 196,008,000 | 191,046,000 | 238,224,000 | 240,132,000 |
| Equity capital | 234,357,000 | 237,235,000 | 239,892,000 | 220,510,000 |
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 | 7,450,000 | 14,952,000 | 22,553,000 | 30,592,000 |
| Interest expense | 318,000 | 646,000 | 1,000,000 | 1,353,000 |
| Net interest income | 7,132,000 | 14,306,000 | 21,553,000 | 29,239,000 |
| Noninterest income | 12,516,000 | 25,853,000 | 38,451,000 | 49,529,000 |
| Noninterest expense | 16,665,000 | 33,366,000 | 49,583,000 | 66,182,000 |
| Provision for loan losses | 200,000 | 200,000 | 200,000 | -5,800,000 |
| Pretax income | 2,893,000 | 6,703,000 | 11,339,000 | 19,504,000 |
| Income tax | 1,123,000 | 2,611,000 | 4,417,000 | 7,321,000 |
| Net income | 1,770,000 | 4,092,000 | 6,922,000 | 12,183,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 202,434,000 | 205,283,000 | 210,422,000 | 193,583,000 |
| Total capital | 210,931,000 | 213,941,000 | 219,874,000 | 203,270,000 |
| Risk-weighted assets | 658,626,000 | 668,103,000 | 734,691,000 | 763,529,000 |