Call reports 2016
SHOREHAM BANK — 2016
What SHOREHAM 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 | 225,999,000 | 240,465,000 | 248,313,000 | 252,204,000 |
| Total loans | 191,542,000 | 206,804,000 | 215,733,000 | 217,367,000 |
| Allowance for loan losses | 2,725,000 | 2,726,000 | 2,786,000 | 2,812,000 |
| Securities available for sale | 3,136,000 | 2,956,000 | 2,768,000 | 2,613,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 199,867,000 | 208,383,000 | 217,556,000 | 215,684,000 |
| Interest-bearing deposits | 195,915,000 | 203,162,000 | 212,464,000 | 212,095,000 |
| Noninterest-bearing deposits | 3,952,000 | 5,221,000 | 5,092,000 | 3,589,000 |
| Equity capital | 24,089,000 | 24,625,000 | 25,345,000 | 26,030,000 |
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 | 3,591,000 | 7,123,000 | 10,776,000 | 14,319,000 |
| Interest expense | 645,000 | 1,318,000 | 2,025,000 | 2,761,000 |
| Net interest income | 2,946,000 | 5,805,000 | 8,751,000 | 11,558,000 |
| Noninterest income | 756,000 | 1,865,000 | 3,126,000 | 5,059,000 |
| Noninterest expense | 3,231,000 | 6,556,000 | 9,725,000 | 13,095,000 |
| Provision for loan losses | 200,000 | 300,000 | 610,000 | 972,000 |
| Pretax income | 271,000 | 814,000 | 1,542,000 | 2,550,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 271,000 | 814,000 | 1,542,000 | 2,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,062,000 | 24,605,000 | 25,333,000 | 26,041,000 |
| Total capital | 26,240,000 | 26,973,000 | 27,780,000 | 28,543,000 |
| Risk-weighted assets | 172,913,000 | 188,223,000 | 194,570,000 | 198,995,000 |