Call reports 2016
ARMOR BANK — 2016
What ARMOR 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 | 48,866,000 | 47,947,000 | 47,013,000 | 52,972,000 |
| Total loans | 18,179,000 | 18,630,000 | 18,952,000 | 18,169,000 |
| Allowance for loan losses | 286,000 | 248,000 | 244,000 | 241,000 |
| Securities available for sale | 20,403,000 | 16,681,000 | 18,829,000 | 16,515,000 |
| Securities held to maturity | 154,000 | 114,000 | 108,000 | 104,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,036,000 | 43,049,000 | 42,184,000 | 48,328,000 |
| Interest-bearing deposits | 36,983,000 | 36,309,000 | 35,646,000 | 41,373,000 |
| Noninterest-bearing deposits | 7,053,000 | 6,740,000 | 6,538,000 | 6,955,000 |
| Equity capital | 4,676,000 | 4,703,000 | 4,650,000 | 4,464,000 |
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 | 338,000 | 676,000 | 1,020,000 | 1,352,000 |
| Interest expense | 22,000 | 44,000 | 66,000 | 88,000 |
| Net interest income | 316,000 | 632,000 | 954,000 | 1,264,000 |
| Noninterest income | 54,000 | 109,000 | 165,000 | 221,000 |
| Noninterest expense | 441,000 | 875,000 | 1,351,000 | 1,841,000 |
| Provision for loan losses | 0 | -25,000 | -25,000 | -25,000 |
| Pretax income | -71,000 | -109,000 | -207,000 | -326,000 |
| Income tax | -26,000 | -38,000 | -60,000 | -128,000 |
| Net income | -45,000 | -71,000 | -147,000 | -198,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,419,000 | 3,370,000 | 3,275,000 | 3,178,000 |
| Total capital | 3,705,000 | 3,618,000 | 3,519,000 | 3,419,000 |
| Risk-weighted assets | 25,394,000 | 25,646,000 | 25,227,000 | 25,962,000 |