Call reports 2016
FIRST NATIONAL BANK OF SAINT IGNACE, THE — 2016
What FIRST NATIONAL BANK OF SAINT IGNACE, THE 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 | 253,001,000 | 254,532,000 | 280,564,000 | 268,928,000 |
| Total loans | 80,086,000 | 82,264,000 | 78,761,000 | 77,105,000 |
| Allowance for loan losses | 1,164,000 | 1,152,000 | 1,150,000 | 1,124,000 |
| Securities available for sale | 142,390,000 | 130,678,000 | 142,251,000 | 144,393,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,844,000 | 224,861,000 | 250,839,000 | 238,236,000 |
| Interest-bearing deposits | 184,816,000 | 182,478,000 | 196,904,000 | 194,013,000 |
| Noninterest-bearing deposits | 39,028,000 | 42,383,000 | 53,935,000 | 44,223,000 |
| Equity capital | 25,741,000 | 26,291,000 | 26,492,000 | 18,180,000 |
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 | 1,969,000 | 3,797,000 | 5,726,000 | 7,599,000 |
| Interest expense | 302,000 | 598,000 | 901,000 | 1,212,000 |
| Net interest income | 1,667,000 | 3,199,000 | 4,825,000 | 6,387,000 |
| Noninterest income | 239,000 | 533,000 | 844,000 | 1,112,000 |
| Noninterest expense | 1,467,000 | 3,071,000 | 4,664,000 | 6,912,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 450,000 | 668,000 | 1,006,000 | 752,000 |
| Income tax | 63,000 | 0 | 64,000 | -138,000 |
| Net income | 387,000 | 668,000 | 942,000 | 890,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,276,000 | 25,684,000 | 25,754,000 | 20,606,000 |
| Total capital | 26,440,000 | 26,836,000 | 26,904,000 | 21,730,000 |
| Risk-weighted assets | 132,048,000 | 131,151,000 | 132,669,000 | 137,703,000 |