Call reports 2016
LOCUS BANK, INC. — 2016
What LOCUS BANK, INC. 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 | 109,050,000 | 114,239,000 | 126,396,000 | 132,878,000 |
| Total loans | 84,814,000 | 88,530,000 | 97,671,000 | 98,186,000 |
| Allowance for loan losses | 1,188,000 | 1,234,000 | 1,470,000 | 1,621,000 |
| Securities available for sale | 2,208,000 | 6,072,000 | 9,839,000 | 10,173,000 |
| Securities held to maturity | 266,000 | 2,104,000 | 3,991,000 | 3,989,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,694,000 | 93,679,000 | 102,366,000 | 112,703,000 |
| Interest-bearing deposits | 83,905,000 | 88,317,000 | 96,574,000 | 105,880,000 |
| Noninterest-bearing deposits | 4,789,000 | 5,362,000 | 5,792,000 | 6,823,000 |
| Equity capital | 16,869,000 | 17,039,000 | 16,918,000 | 16,662,000 |
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 | 1,089,000 | 2,256,000 | 3,344,000 | 4,873,000 |
| Interest expense | 230,000 | 458,000 | 728,000 | 1,039,000 |
| Net interest income | 859,000 | 1,798,000 | 2,616,000 | 3,834,000 |
| Noninterest income | 373,000 | 439,000 | 477,000 | 717,000 |
| Noninterest expense | 612,000 | 1,339,000 | 2,028,000 | 2,711,000 |
| Provision for loan losses | 154,000 | 200,000 | 436,000 | 1,108,000 |
| Pretax income | 466,000 | 698,000 | 629,000 | 732,000 |
| Income tax | 148,000 | 213,000 | 173,000 | 215,000 |
| Net income | 318,000 | 485,000 | 456,000 | 517,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,648,000 | 13,783,000 | 13,722,000 | 13,751,000 |
| Total capital | 21,036,000 | 21,217,000 | 21,286,000 | 21,388,000 |
| Risk-weighted assets | 98,241,000 | 105,747,000 | 109,025,000 | 114,785,000 |