Call reports 2016
AVON STATE BANK — 2016
What AVON STATE 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 | 107,013,000 | 105,284,000 | 108,784,000 | 121,432,000 |
| Total loans | 40,933,000 | 41,154,000 | 41,458,000 | 39,285,000 |
| Allowance for loan losses | 559,000 | 560,000 | 554,000 | 0 |
| Securities available for sale | 46,261,000 | 40,686,000 | 40,443,000 | 36,401,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,736,000 | 91,188,000 | 95,464,000 | 107,027,000 |
| Interest-bearing deposits | 77,038,000 | 75,091,000 | 75,602,000 | 87,617,000 |
| Noninterest-bearing deposits | 15,698,000 | 16,097,000 | 19,862,000 | 19,410,000 |
| Equity capital | 13,677,000 | 13,248,000 | 13,212,000 | 14,181,000 |
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 | 732,000 | 1,452,000 | 2,136,000 | 308,000 |
| Interest expense | 74,000 | 147,000 | 220,000 | 37,000 |
| Net interest income | 658,000 | 1,305,000 | 1,916,000 | 271,000 |
| Noninterest income | 26,000 | 78,000 | 161,000 | 7,000 |
| Noninterest expense | 398,000 | 863,000 | 1,344,000 | 141,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 286,000 | 520,000 | 733,000 | 128,000 |
| Income tax | 0 | 0 | 0 | 45,000 |
| Net income | 286,000 | 520,000 | 733,000 | 83,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,306,000 | 12,575,000 | 12,666,000 | 9,114,000 |
| Total capital | 13,811,000 | 13,068,000 | 13,161,000 | 9,114,000 |
| Risk-weighted assets | 40,374,000 | 39,409,000 | 39,682,000 | 39,296,000 |