Call reports 2016
WEST POINT BANK — 2016
What WEST POINT 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 | 213,828,000 | 221,900,000 | 241,454,000 | 216,943,000 |
| Total loans | 71,891,000 | 78,703,000 | 82,846,000 | 84,865,000 |
| Allowance for loan losses | 765,000 | 770,000 | 761,000 | 757,000 |
| Securities available for sale | 122,827,000 | 118,697,000 | 130,864,000 | 116,799,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,371,000 | 85,932,000 | 88,505,000 | 86,231,000 |
| Interest-bearing deposits | 59,809,000 | 58,666,000 | 61,978,000 | 58,867,000 |
| Noninterest-bearing deposits | 24,562,000 | 27,266,000 | 26,527,000 | 27,364,000 |
| Equity capital | 18,635,000 | 19,418,000 | 19,669,000 | 18,688,000 |
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 | 1,473,000 | 3,022,000 | 4,612,000 | 6,367,000 |
| Interest expense | 86,000 | 176,000 | 271,000 | 371,000 |
| Net interest income | 1,387,000 | 2,846,000 | 4,341,000 | 5,996,000 |
| Noninterest income | 134,000 | 268,000 | 410,000 | 542,000 |
| Noninterest expense | 850,000 | 1,811,000 | 2,729,000 | 3,659,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 674,000 | 1,305,000 | 2,022,000 | 2,877,000 |
| Income tax | 210,000 | 414,000 | 642,000 | 819,000 |
| Net income | 464,000 | 891,000 | 1,380,000 | 2,058,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,403,000 | 18,706,000 | 19,069,000 | 19,887,000 |
| Total capital | 19,168,000 | 19,476,000 | 19,830,000 | 20,644,000 |
| Risk-weighted assets | 111,944,000 | 120,563,000 | 126,920,000 | 120,279,000 |