Call reports 2016
STATE BANK OF FARIBAULT, THE — 2016
What STATE BANK OF FARIBAULT, 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 | 181,070,000 | 184,004,000 | 186,031,000 | 185,646,000 |
| Total loans | 107,887,000 | 111,588,000 | 115,120,000 | 117,432,000 |
| Allowance for loan losses | 1,941,000 | 1,985,000 | 1,998,000 | 2,033,000 |
| Securities available for sale | 47,251,000 | 45,405,000 | 43,410,000 | 41,640,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 159,292,000 | 161,627,000 | 163,445,000 | 163,941,000 |
| Interest-bearing deposits | 125,652,000 | 128,547,000 | 128,252,000 | 125,952,000 |
| Noninterest-bearing deposits | 33,640,000 | 33,080,000 | 35,193,000 | 37,989,000 |
| Equity capital | 20,792,000 | 21,288,000 | 21,411,000 | 20,326,000 |
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 | 1,760,000 | 3,652,000 | 5,494,000 | 7,337,000 |
| Interest expense | 84,000 | 168,000 | 248,000 | 326,000 |
| Net interest income | 1,676,000 | 3,484,000 | 5,246,000 | 7,011,000 |
| Noninterest income | 383,000 | 773,000 | 1,179,000 | 1,664,000 |
| Noninterest expense | 1,695,000 | 3,324,000 | 4,988,000 | 7,055,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 100,000 |
| Pretax income | 334,000 | 913,000 | 1,387,000 | 1,560,000 |
| Income tax | 4,000 | 4,000 | 4,000 | 4,000 |
| Net income | 330,000 | 909,000 | 1,383,000 | 1,556,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,798,000 | 20,016,000 | 20,251,000 | 20,424,000 |
| Total capital | 21,707,000 | 21,950,000 | 22,209,000 | 22,413,000 |
| Risk-weighted assets | 152,661,000 | 154,699,000 | 156,617,000 | 159,061,000 |