Call reports 2016
FIRST RELIANCE BANK — 2016
What FIRST RELIANCE 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 | 378,501,000 | 382,120,000 | 406,879,000 | 406,746,000 |
| Total loans | 278,776,000 | 285,799,000 | 302,675,000 | 293,480,000 |
| Allowance for loan losses | 2,714,000 | 2,663,000 | 2,720,000 | 2,652,000 |
| Securities available for sale | 11,156,000 | 10,695,000 | 18,641,000 | 17,832,000 |
| Securities held to maturity | 24,173,000 | 23,011,000 | 21,568,000 | 20,438,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,698,000 | 324,311,000 | 328,014,000 | 338,684,000 |
| Interest-bearing deposits | 235,931,000 | 245,451,000 | 248,172,000 | 260,360,000 |
| Noninterest-bearing deposits | 75,767,000 | 78,860,000 | 79,842,000 | 78,324,000 |
| Equity capital | 48,292,000 | 43,825,000 | 44,530,000 | 45,105,000 |
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 | 3,728,000 | 7,670,000 | 11,576,000 | 15,475,000 |
| Interest expense | 154,000 | 321,000 | 511,000 | 730,000 |
| Net interest income | 3,574,000 | 7,349,000 | 11,065,000 | 14,745,000 |
| Noninterest income | 1,845,000 | 4,448,000 | 7,827,000 | 10,597,000 |
| Noninterest expense | 4,514,000 | 9,327,000 | 14,541,000 | 19,689,000 |
| Provision for loan losses | -2,000 | 7,000 | 14,000 | 9,000 |
| Pretax income | 907,000 | 2,463,000 | 4,350,000 | 5,657,000 |
| Income tax | 306,000 | 830,000 | 1,476,000 | 1,915,000 |
| Net income | 601,000 | 1,633,000 | 2,874,000 | 3,742,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,112,000 | 37,009,000 | 38,277,000 | 39,486,000 |
| Total capital | 43,826,000 | 39,672,000 | 40,997,000 | 42,138,000 |
| Risk-weighted assets | 319,261,000 | 317,940,000 | 328,538,000 | 323,406,000 |