Call reports 2016
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2016
What BEACON BUSINESS BANK, NATIONAL ASSOCIATION 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 | 121,865,000 | 120,421,000 | 139,296,000 | 131,416,000 |
| Total loans | 93,308,000 | 97,663,000 | 101,047,000 | 97,772,000 |
| Allowance for loan losses | 2,348,000 | 2,390,000 | 2,429,000 | 2,466,000 |
| Securities available for sale | 8,404,000 | 8,502,000 | 8,490,000 | 8,927,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,713,000 | 103,951,000 | 122,674,000 | 114,926,000 |
| Interest-bearing deposits | 75,341,000 | 72,745,000 | 87,917,000 | 83,358,000 |
| Noninterest-bearing deposits | 30,372,000 | 31,206,000 | 34,758,000 | 31,568,000 |
| Equity capital | 15,371,000 | 15,582,000 | 15,634,000 | 15,643,000 |
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 | 1,255,000 | 2,533,000 | 3,935,000 | 5,356,000 |
| Interest expense | 55,000 | 147,000 | 254,000 | 380,000 |
| Net interest income | 1,200,000 | 2,386,000 | 3,681,000 | 4,976,000 |
| Noninterest income | 237,000 | 383,000 | 474,000 | 560,000 |
| Noninterest expense | 1,136,000 | 2,348,000 | 3,565,000 | 4,675,000 |
| Provision for loan losses | 38,000 | 75,000 | 113,000 | 150,000 |
| Pretax income | 263,000 | 346,000 | 477,000 | 711,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 263,000 | 346,000 | 477,000 | 711,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,489,000 | 14,570,000 | 14,707,000 | 14,951,000 |
| Total capital | 15,706,000 | 15,754,000 | 15,919,000 | 16,143,000 |
| Risk-weighted assets | 96,123,000 | 93,458,000 | 95,713,000 | 93,996,000 |