Call reports 2016
PRODUCE STATE BANK — 2016
What PRODUCE STATE 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 | 60,839,000 | 61,385,000 | 61,884,000 | 64,077,000 |
| Total loans | 28,711,000 | 30,054,000 | 30,756,000 | 31,725,000 |
| Allowance for loan losses | 430,000 | 499,000 | 462,000 | 464,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,915,000 | 5,416,000 | 5,418,000 | 5,420,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,262,000 | 55,672,000 | 55,950,000 | 58,337,000 |
| Interest-bearing deposits | 43,239,000 | 42,757,000 | 42,967,000 | 44,423,000 |
| Noninterest-bearing deposits | 12,023,000 | 12,915,000 | 12,983,000 | 13,914,000 |
| Equity capital | 5,447,000 | 5,592,000 | 5,779,000 | 5,507,000 |
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 | 464,000 | 939,000 | 1,400,000 | 1,916,000 |
| Interest expense | 38,000 | 79,000 | 118,000 | 159,000 |
| Net interest income | 426,000 | 860,000 | 1,282,000 | 1,757,000 |
| Noninterest income | 55,000 | 114,000 | 174,000 | 200,000 |
| Noninterest expense | 293,000 | 610,000 | 886,000 | 1,238,000 |
| Provision for loan losses | 30,000 | 60,000 | 80,000 | 80,000 |
| Pretax income | 158,000 | 304,000 | 490,000 | 639,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 158,000 | 304,000 | 490,000 | 639,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,447,000 | 5,592,000 | 5,779,000 | 5,507,000 |
| Total capital | 5,832,000 | 6,040,000 | 6,232,000 | 5,971,000 |
| Risk-weighted assets | 30,718,000 | 35,791,000 | 36,666,000 | 38,496,000 |