Call reports 2016
FIRST NATIONAL BANK, CORTEZ — 2016
What FIRST NATIONAL BANK, CORTEZ 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 | 103,528,000 | 107,960,000 | 104,280,000 | 107,421,000 |
| Total loans | 42,677,000 | 43,660,000 | 43,934,000 | 48,059,000 |
| Allowance for loan losses | 694,000 | 717,000 | 674,000 | 750,000 |
| Securities available for sale | 51,539,000 | 54,505,000 | 49,675,000 | 48,289,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,945,000 | 96,411,000 | 87,876,000 | 90,175,000 |
| Interest-bearing deposits | 70,479,000 | 74,190,000 | 65,264,000 | 66,190,000 |
| Noninterest-bearing deposits | 21,466,000 | 22,221,000 | 22,612,000 | 23,985,000 |
| Equity capital | 9,991,000 | 10,411,000 | 10,496,000 | 9,600,000 |
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 | 945,000 | 1,926,000 | 2,917,000 | 3,901,000 |
| Interest expense | 52,000 | 99,000 | 144,000 | 187,000 |
| Net interest income | 893,000 | 1,827,000 | 2,773,000 | 3,714,000 |
| Noninterest income | 100,000 | 206,000 | 370,000 | 476,000 |
| Noninterest expense | 799,000 | 1,588,000 | 2,393,000 | 3,199,000 |
| Provision for loan losses | 0 | 23,000 | 23,000 | 54,000 |
| Pretax income | 252,000 | 600,000 | 922,000 | 1,133,000 |
| Income tax | 84,000 | 199,000 | 312,000 | 380,000 |
| Net income | 168,000 | 401,000 | 610,000 | 753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,375,000 | 9,608,000 | 9,818,000 | 9,960,000 |
| Total capital | 10,020,000 | 10,282,000 | 10,477,000 | 10,683,000 |
| Risk-weighted assets | 51,510,000 | 53,866,000 | 52,703,000 | 57,788,000 |