Call reports 2016
SMARTBANK — 2016
What SMARTBANK 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 | 1,012,629,000 | 1,031,458,000 | 1,037,608,000 | 1,058,190,000 |
| Total loans | 741,826,000 | 773,209,000 | 797,572,000 | 813,393,000 |
| Allowance for loan losses | 4,528,000 | 4,713,000 | 4,940,000 | 5,105,000 |
| Securities available for sale | 157,560,000 | 142,874,000 | 138,628,000 | 129,422,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 863,258,000 | 894,196,000 | 867,689,000 | 910,381,000 |
| Interest-bearing deposits | 730,477,000 | 742,885,000 | 715,369,000 | 753,633,000 |
| Noninterest-bearing deposits | 132,781,000 | 151,311,000 | 152,320,000 | 156,748,000 |
| Equity capital | 96,119,000 | 97,665,000 | 99,628,000 | 100,023,000 |
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 | 10,149,000 | 20,518,000 | 31,015,000 | 41,623,000 |
| Interest expense | 1,007,000 | 2,063,000 | 3,162,000 | 4,284,000 |
| Net interest income | 9,142,000 | 18,455,000 | 27,853,000 | 37,339,000 |
| Noninterest income | 920,000 | 1,916,000 | 3,375,000 | 4,557,000 |
| Noninterest expense | 7,648,000 | 15,544,000 | 23,378,000 | 30,985,000 |
| Provision for loan losses | 138,000 | 356,000 | 617,000 | 787,000 |
| Pretax income | 2,359,000 | 4,652,000 | 7,433,000 | 10,324,000 |
| Income tax | 857,000 | 1,701,000 | 2,726,000 | 3,804,000 |
| Net income | 1,502,000 | 2,951,000 | 4,707,000 | 6,520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 94,299,000 | 95,894,000 | 97,731,000 | 99,600,000 |
| Total capital | 98,827,000 | 100,607,000 | 102,671,000 | 104,705,000 |
| Risk-weighted assets | 810,232,000 | 847,928,000 | 867,569,000 | 881,686,000 |