Call reports 2016
MEDALLION BANK — 2016
What MEDALLION 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 | 1,107,385,000 | 1,160,224,000 | 1,109,579,000 | 1,076,165,000 |
| Total loans | 1,043,901,000 | 1,010,554,000 | 1,025,980,000 | 1,019,901,000 |
| Allowance for loan losses | 28,044,000 | 31,662,000 | 59,200,000 | 54,819,000 |
| Securities available for sale | 38,672,000 | 38,255,000 | 37,066,000 | 36,861,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 919,537,000 | 973,573,000 | 932,051,000 | 908,889,000 |
| Interest-bearing deposits | 919,537,000 | 973,573,000 | 932,051,000 | 908,889,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 165,105,000 | 176,250,000 | 168,571,000 | 161,885,000 |
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 | 24,530,000 | 50,954,000 | 77,192,000 | 103,686,000 |
| Interest expense | 2,747,000 | 5,703,000 | 8,730,000 | 11,761,000 |
| Net interest income | 21,783,000 | 45,251,000 | 68,462,000 | 91,925,000 |
| Noninterest income | 17,000 | 3,360,000 | 3,447,000 | 3,461,000 |
| Noninterest expense | 5,495,000 | 11,450,000 | 17,416,000 | 24,284,000 |
| Provision for loan losses | 6,876,000 | 13,337,000 | 43,767,000 | 69,466,000 |
| Pretax income | 9,429,000 | 23,824,000 | 10,726,000 | 1,636,000 |
| Income tax | 3,703,000 | 9,492,000 | 3,649,000 | -326,000 |
| Net income | 5,726,000 | 14,332,000 | 7,077,000 | 1,962,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 164,189,000 | 175,204,000 | 161,070,000 | 156,461,000 |
| Total capital | 178,159,000 | 189,055,000 | 175,092,000 | 170,385,000 |
| Risk-weighted assets | 1,103,503,000 | 1,090,292,000 | 1,070,265,000 | 1,067,103,000 |