Call reports 2016
RESOLUTE BANK — 2016
What RESOLUTE 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 | 42,712,000 | 39,587,000 | 37,967,000 | 36,493,000 |
| Total loans | 31,310,000 | 31,301,000 | 28,271,000 | 29,019,000 |
| Allowance for loan losses | 776,000 | 786,000 | 791,000 | 803,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,611,000 | 35,398,000 | 34,042,000 | 32,466,000 |
| Interest-bearing deposits | 29,205,000 | 27,779,000 | 26,433,000 | 25,280,000 |
| Noninterest-bearing deposits | 8,406,000 | 7,619,000 | 7,609,000 | 7,186,000 |
| Equity capital | 2,942,000 | 2,946,000 | 3,650,000 | 3,403,000 |
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 | 295,000 | 654,000 | 991,000 | 1,339,000 |
| Interest expense | 43,000 | 89,000 | 135,000 | 178,000 |
| Net interest income | 252,000 | 565,000 | 856,000 | 1,161,000 |
| Noninterest income | 1,543,000 | 3,885,000 | 7,622,000 | 10,705,000 |
| Noninterest expense | 2,356,000 | 5,072,000 | 8,735,000 | 12,370,000 |
| Provision for loan losses | 0 | -65,000 | -65,000 | -65,000 |
| Pretax income | -561,000 | -557,000 | -192,000 | -439,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -561,000 | -557,000 | -192,000 | -439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,941,000 | 2,945,000 | 3,649,000 | 3,403,000 |
| Total capital | 3,247,000 | 3,210,000 | 3,916,000 | 3,672,000 |
| Risk-weighted assets | 23,993,000 | 20,690,000 | 20,809,000 | 20,951,000 |