Call reports 2016
QUONTIC BANK — 2016
What QUONTIC 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 | 188,488,000 | 207,149,000 | 226,745,000 | 239,287,000 |
| Total loans | 166,047,000 | 181,640,000 | 199,858,000 | 213,930,000 |
| Allowance for loan losses | 1,122,000 | 1,150,000 | 1,216,000 | 1,399,000 |
| Securities available for sale | 54,000 | 54,000 | 53,000 | 53,000 |
| Securities held to maturity | 2,010,000 | 2,008,000 | 2,005,000 | 2,003,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 165,621,000 | 183,688,000 | 182,583,000 | 183,846,000 |
| Interest-bearing deposits | 152,821,000 | 166,228,000 | 167,198,000 | 168,180,000 |
| Noninterest-bearing deposits | 12,800,000 | 17,460,000 | 15,385,000 | 15,666,000 |
| Equity capital | 21,672,000 | 21,999,000 | 22,650,000 | 23,373,000 |
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 | 2,428,000 | 5,104,000 | 8,101,000 | 11,300,000 |
| Interest expense | 385,000 | 800,000 | 1,263,000 | 1,751,000 |
| Net interest income | 2,043,000 | 4,304,000 | 6,838,000 | 9,549,000 |
| Noninterest income | 1,451,000 | 3,638,000 | 6,384,000 | 9,569,000 |
| Noninterest expense | 3,608,000 | 7,307,000 | 11,380,000 | 16,142,000 |
| Provision for loan losses | -485,000 | -312,000 | -186,000 | 29,000 |
| Pretax income | 371,000 | 947,000 | 2,028,000 | 2,947,000 |
| Income tax | 32,000 | 72,000 | 152,000 | 220,000 |
| Net income | 339,000 | 875,000 | 1,876,000 | 2,727,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,637,000 | 19,964,000 | 20,615,000 | 21,337,000 |
| Total capital | 20,759,000 | 21,114,000 | 21,831,000 | 22,736,000 |
| Risk-weighted assets | 96,650,000 | 103,461,000 | 114,101,000 | 122,362,000 |