Call reports 2016
CENTRIC BANK — 2016
What CENTRIC BANK 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 | 389,550,000 | 419,559,000 | 463,266,000 | 480,961,000 |
| Total loans | 327,027,000 | 368,282,000 | 406,099,000 | 427,238,000 |
| Allowance for loan losses | 3,462,000 | 3,670,000 | 4,217,000 | 4,512,000 |
| Securities available for sale | 14,370,000 | 14,108,000 | 10,205,000 | 9,615,000 |
| Securities held to maturity | 6,413,000 | 6,405,000 | 6,389,000 | 6,039,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 324,185,000 | 349,114,000 | 402,121,000 | 420,386,000 |
| Interest-bearing deposits | 312,527,000 | 336,080,000 | 387,489,000 | 404,928,000 |
| Noninterest-bearing deposits | 11,658,000 | 13,034,000 | 14,632,000 | 15,458,000 |
| Equity capital | 41,409,000 | 42,311,000 | 43,308,000 | 44,901,000 |
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 | 3,894,000 | 8,034,000 | 12,812,000 | 18,070,000 |
| Interest expense | 565,000 | 1,143,000 | 1,770,000 | 2,443,000 |
| Net interest income | 3,329,000 | 6,891,000 | 11,042,000 | 15,627,000 |
| Noninterest income | 455,000 | 1,561,000 | 2,671,000 | 3,750,000 |
| Noninterest expense | 2,935,000 | 6,060,000 | 9,335,000 | 12,837,000 |
| Provision for loan losses | 200,000 | 610,000 | 1,210,000 | 1,650,000 |
| Pretax income | 649,000 | 1,782,000 | 3,168,000 | 4,851,000 |
| Income tax | 158,000 | 482,000 | 889,000 | 1,391,000 |
| Net income | 491,000 | 1,300,000 | 2,279,000 | 3,460,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,188,000 | 42,013,000 | 43,008,000 | 44,725,000 |
| Total capital | 44,718,000 | 45,770,000 | 47,324,000 | 49,326,000 |
| Risk-weighted assets | 340,066,000 | 384,830,000 | 420,138,000 | 437,877,000 |