Call reports 2016
METHOD BANK — 2016
What METHOD 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 | 13,565,000 | 13,277,000 | 13,205,000 | 13,959,000 |
| Total loans | 6,141,000 | 5,992,000 | 5,904,000 | 5,779,000 |
| Allowance for loan losses | 147,000 | 149,000 | 125,000 | 108,000 |
| Securities available for sale | 4,126,000 | 4,815,000 | 4,487,000 | 4,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,759,000 | 11,331,000 | 11,361,000 | 12,291,000 |
| Interest-bearing deposits | 6,964,000 | 6,428,000 | 6,193,000 | 6,690,000 |
| Noninterest-bearing deposits | 4,795,000 | 4,903,000 | 5,168,000 | 5,601,000 |
| Equity capital | 1,289,000 | 1,343,000 | 1,328,000 | 1,090,000 |
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 | 164,000 | 328,000 | 493,000 | 664,000 |
| Interest expense | 12,000 | 26,000 | 39,000 | 52,000 |
| Net interest income | 152,000 | 302,000 | 454,000 | 612,000 |
| Noninterest income | 47,000 | 74,000 | 131,000 | 103,000 |
| Noninterest expense | 152,000 | 306,000 | 461,000 | 642,000 |
| Provision for loan losses | 3,000 | 5,000 | 8,000 | 1,000 |
| Pretax income | 44,000 | 65,000 | 86,000 | 102,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 44,000 | 65,000 | 86,000 | 102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,101,000 | 1,120,000 | 1,141,000 | 1,088,000 |
| Total capital | 1,218,000 | 1,237,000 | 1,254,000 | 1,196,000 |
| Risk-weighted assets | 9,338,000 | 9,335,000 | 9,012,000 | 9,023,000 |