Call reports 2016
FIRST STATE BANK OF MIDDLEBURY — 2016
What FIRST STATE BANK OF MIDDLEBURY 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 | 476,136,000 | 484,095,000 | 498,236,000 | 500,394,000 |
| Total loans | 342,751,000 | 358,667,000 | 365,983,000 | 370,157,000 |
| Allowance for loan losses | 3,941,000 | 4,055,000 | 4,237,000 | 4,270,000 |
| Securities available for sale | 87,306,000 | 93,971,000 | 94,957,000 | 92,710,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 397,682,000 | 404,531,000 | 415,455,000 | 420,000,000 |
| Interest-bearing deposits | 334,103,000 | 337,239,000 | 340,909,000 | 343,446,000 |
| Noninterest-bearing deposits | 63,579,000 | 67,292,000 | 74,546,000 | 76,554,000 |
| Equity capital | 48,499,000 | 50,174,000 | 51,212,000 | 49,359,000 |
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 | 4,836,000 | 9,913,000 | 15,084,000 | 20,442,000 |
| Interest expense | 479,000 | 963,000 | 1,461,000 | 1,963,000 |
| Net interest income | 4,357,000 | 8,950,000 | 13,623,000 | 18,479,000 |
| Noninterest income | 1,069,000 | 2,205,000 | 3,344,000 | 4,492,000 |
| Noninterest expense | 3,904,000 | 7,899,000 | 12,005,000 | 15,911,000 |
| Provision for loan losses | 304,000 | 459,000 | 616,000 | 1,173,000 |
| Pretax income | 1,304,000 | 2,923,000 | 4,567,000 | 6,157,000 |
| Income tax | 252,000 | 613,000 | 970,000 | 1,310,000 |
| Net income | 1,052,000 | 2,310,000 | 3,597,000 | 4,847,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,712,000 | 47,753,000 | 48,790,000 | 49,740,000 |
| Total capital | 50,653,000 | 51,808,000 | 53,027,000 | 54,010,000 |
| Risk-weighted assets | 359,309,000 | 373,910,000 | 381,153,000 | 388,356,000 |