Call reports 2016
APPLIED BANK — 2016
What APPLIED 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 | 202,769,000 | 191,660,000 | 170,176,000 | 159,525,000 |
| Total loans | 80,725,000 | 75,130,000 | 68,524,000 | 62,337,000 |
| Allowance for loan losses | 771,000 | 655,000 | 542,000 | 478,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 160,562,000 | 148,260,000 | 122,271,000 | 118,261,000 |
| Interest-bearing deposits | 85,756,000 | 71,494,000 | 68,769,000 | 67,986,000 |
| Noninterest-bearing deposits | 74,806,000 | 76,766,000 | 53,502,000 | 50,275,000 |
| Equity capital | 41,489,000 | 42,476,000 | 43,624,000 | 40,402,000 |
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 | 1,517,000 | 2,935,000 | 4,321,000 | 5,729,000 |
| Interest expense | 38,000 | 72,000 | 104,000 | 137,000 |
| Net interest income | 1,479,000 | 2,863,000 | 4,217,000 | 5,592,000 |
| Noninterest income | 534,000 | 1,343,000 | 2,616,000 | 3,668,000 |
| Noninterest expense | 1,110,000 | 2,342,000 | 3,877,000 | 5,548,000 |
| Provision for loan losses | -7,000 | -84,000 | -199,000 | -261,000 |
| Pretax income | 910,000 | 1,948,000 | 3,155,000 | 3,973,000 |
| Income tax | 44,000 | 95,000 | 154,000 | 194,000 |
| Net income | 866,000 | 1,853,000 | 3,001,000 | 3,779,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,489,000 | 42,476,000 | 43,624,000 | 40,402,000 |
| Total capital | 42,344,000 | 43,194,000 | 44,227,000 | 40,931,000 |
| Risk-weighted assets | 88,433,000 | 81,739,000 | 79,146,000 | 72,092,000 |