Call reports 2015
FIRST NATIONAL BANK, CORTEZ — 2015
What FIRST NATIONAL BANK, CORTEZ reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 100,973,000 | 101,615,000 | 103,821,000 | 101,180,000 |
| Total loans | 43,266,000 | 44,629,000 | 42,639,000 | 43,508,000 |
| Allowance for loan losses | 655,000 | 682,000 | 676,000 | 694,000 |
| Securities available for sale | 48,783,000 | 46,952,000 | 46,057,000 | 49,062,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,942,000 | 91,513,000 | 92,556,000 | 90,884,000 |
| Interest-bearing deposits | 67,286,000 | 68,767,000 | 68,828,000 | 67,994,000 |
| Noninterest-bearing deposits | 21,656,000 | 22,746,000 | 23,728,000 | 22,890,000 |
| Equity capital | 9,418,000 | 9,282,000 | 9,728,000 | 9,528,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 930,000 | 1,927,000 | 2,906,000 | 3,862,000 |
| Interest expense | 63,000 | 125,000 | 181,000 | 234,000 |
| Net interest income | 867,000 | 1,802,000 | 2,725,000 | 3,628,000 |
| Noninterest income | 103,000 | 211,000 | 321,000 | 460,000 |
| Noninterest expense | 782,000 | 1,546,000 | 2,324,000 | 3,083,000 |
| Provision for loan losses | 67,000 | 122,000 | 132,000 | 132,000 |
| Pretax income | 121,000 | 360,000 | 613,000 | 896,000 |
| Income tax | 35,000 | 113,000 | 197,000 | 293,000 |
| Net income | 86,000 | 247,000 | 416,000 | 603,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,840,000 | 9,001,000 | 9,171,000 | 9,357,000 |
| Total capital | 9,513,000 | 9,665,000 | 9,818,000 | 10,010,000 |
| Risk-weighted assets | 54,242,000 | 53,051,000 | 51,700,000 | 52,211,000 |