Call reports 2016
AMERICAN COMMUNITY BANK & TRUST — 2016
What AMERICAN COMMUNITY BANK & TRUST 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 | 504,261,000 | 525,895,000 | 548,966,000 | 552,105,000 |
| Total loans | 323,525,000 | 322,726,000 | 332,145,000 | 331,281,000 |
| Allowance for loan losses | 6,434,000 | 6,241,000 | 6,155,000 | 5,969,000 |
| Securities available for sale | 49,908,000 | 51,180,000 | 64,757,000 | 75,672,000 |
| Securities held to maturity | 3,757,000 | 3,701,000 | 3,644,000 | 3,588,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 430,492,000 | 455,580,000 | 471,150,000 | 480,316,000 |
| Interest-bearing deposits | 345,188,000 | 364,713,000 | 368,710,000 | 376,630,000 |
| Noninterest-bearing deposits | 85,304,000 | 90,866,000 | 102,440,000 | 103,686,000 |
| Equity capital | 71,581,000 | 68,809,000 | 69,753,000 | 70,216,000 |
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 | 4,042,000 | 8,113,000 | 12,284,000 | 16,522,000 |
| Interest expense | 322,000 | 663,000 | 1,024,000 | 1,394,000 |
| Net interest income | 3,720,000 | 7,450,000 | 11,260,000 | 15,128,000 |
| Noninterest income | 628,000 | 1,321,000 | 2,037,000 | 2,155,000 |
| Noninterest expense | 2,686,000 | 5,461,000 | 8,292,000 | 11,034,000 |
| Provision for loan losses | 0 | 0 | 0 | -250,000 |
| Pretax income | 1,763,000 | 3,411,000 | 5,122,000 | 6,616,000 |
| Income tax | 664,000 | 1,283,000 | 1,923,000 | 2,508,000 |
| Net income | 1,099,000 | 2,128,000 | 3,199,000 | 4,108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,116,000 | 68,237,000 | 69,308,000 | 70,218,000 |
| Total capital | 75,511,000 | 72,656,000 | 73,896,000 | 74,787,000 |
| Risk-weighted assets | 349,547,000 | 351,763,000 | 365,448,000 | 364,164,000 |