Call reports 2016
HERRING BANK — 2016
What HERRING 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 | 421,565,000 | 410,180,000 | 424,887,000 | 419,146,000 |
| Total loans | 304,452,000 | 306,892,000 | 311,412,000 | 317,870,000 |
| Allowance for loan losses | 4,808,000 | 4,793,000 | 5,209,000 | 3,551,000 |
| Securities available for sale | 65,731,000 | 56,350,000 | 53,944,000 | 43,881,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 368,058,000 | 356,815,000 | 370,564,000 | 366,488,000 |
| Interest-bearing deposits | 261,741,000 | 256,269,000 | 254,255,000 | 267,321,000 |
| Noninterest-bearing deposits | 106,317,000 | 100,546,000 | 116,309,000 | 99,167,000 |
| Equity capital | 51,786,000 | 51,498,000 | 52,438,000 | 44,554,000 |
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 | 4,399,000 | 8,749,000 | 13,179,000 | 17,698,000 |
| Interest expense | 193,000 | 389,000 | 598,000 | 833,000 |
| Net interest income | 4,206,000 | 8,360,000 | 12,581,000 | 16,865,000 |
| Noninterest income | 1,954,000 | 3,665,000 | 5,749,000 | 7,163,000 |
| Noninterest expense | 5,086,000 | 10,312,000 | 15,378,000 | 20,334,000 |
| Provision for loan losses | 300,000 | 364,000 | 809,000 | 1,013,000 |
| Pretax income | 806,000 | 1,384,000 | 2,201,000 | 9,798,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 806,000 | 1,384,000 | 2,201,000 | 9,798,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,927,000 | 47,796,000 | 47,976,000 | 47,876,000 |
| Total capital | 51,993,000 | 51,904,000 | 52,155,000 | 51,427,000 |
| Risk-weighted assets | 324,556,000 | 327,992,000 | 333,302,000 | 330,488,000 |