Call reports 2016
LORRAINE STATE BANK — 2016
What LORRAINE 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 | 23,593,000 | 22,873,000 | 23,159,000 | 24,118,000 |
| Total loans | 17,182,000 | 17,308,000 | 17,864,000 | 18,356,000 |
| Allowance for loan losses | 146,000 | 148,000 | 150,000 | 151,000 |
| Securities available for sale | 1,926,000 | 1,939,000 | 1,926,000 | 1,879,000 |
| Securities held to maturity | 2,865,000 | 2,865,000 | 2,710,000 | 2,419,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,200,000 | 19,471,000 | 19,062,000 | 19,763,000 |
| Interest-bearing deposits | 16,931,000 | 16,382,000 | 16,150,000 | 16,831,000 |
| Noninterest-bearing deposits | 3,269,000 | 3,089,000 | 2,912,000 | 2,932,000 |
| Equity capital | 3,222,000 | 3,280,000 | 3,339,000 | 3,365,000 |
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 | 224,000 | 441,000 | 664,000 | 886,000 |
| Interest expense | 16,000 | 32,000 | 51,000 | 70,000 |
| Net interest income | 208,000 | 409,000 | 613,000 | 816,000 |
| Noninterest income | 5,000 | 10,000 | 15,000 | 17,000 |
| Noninterest expense | 138,000 | 270,000 | 377,000 | 526,000 |
| Provision for loan losses | 0 | 0 | 0 | 23,000 |
| Pretax income | 75,000 | 149,000 | 251,000 | 284,000 |
| Income tax | 20,000 | 43,000 | 79,000 | 66,000 |
| Net income | 55,000 | 106,000 | 172,000 | 218,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,184,000 | 3,234,000 | 3,300,000 | 3,346,000 |
| Total capital | 3,330,000 | 3,382,000 | 3,450,000 | 3,497,000 |
| Risk-weighted assets | 18,326,000 | 18,323,000 | 18,818,000 | 19,488,000 |