Call reports 2016
REPUBLIC BANK, THE — 2016
What REPUBLIC BANK, THE 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 | 124,420,000 | 103,919,000 | 83,454,000 | 36,559,000 |
| Total loans | 103,276,000 | 75,366,000 | 57,644,000 | 14,683,000 |
| Allowance for loan losses | 2,571,000 | 647,000 | 832,000 | 444,000 |
| Securities available for sale | 1,934,000 | 102,000 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,540,000 | 78,596,000 | 46,643,000 | 0 |
| Interest-bearing deposits | 97,540,000 | 78,596,000 | 46,643,000 | 0 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 26,435,000 | 24,685,000 | 24,193,000 | 22,910,000 |
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 | 1,346,000 | 2,439,000 | 3,272,000 | 3,749,000 |
| Interest expense | 483,000 | 766,000 | 985,000 | 1,149,000 |
| Net interest income | 863,000 | 1,673,000 | 2,287,000 | 2,600,000 |
| Noninterest income | 61,000 | 61,000 | -314,000 | -970,000 |
| Noninterest expense | 727,000 | 1,490,000 | 2,171,000 | 3,061,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 197,000 | 238,000 | -204,000 | -1,437,000 |
| Income tax | 50,000 | 100,000 | 150,000 | 200,000 |
| Net income | 147,000 | 138,000 | -354,000 | -1,637,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,435,000 | 24,685,000 | 24,193,000 | 22,910,000 |
| Total capital | 28,079,000 | 25,332,000 | 25,025,000 | 23,354,000 |
| Risk-weighted assets | 130,567,000 | 103,476,000 | 85,740,000 | 37,814,000 |