Call reports 2017
COVINGTON COUNTY BANK — 2017
What COVINGTON COUNTY BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 73,218,000 | 73,458,000 | 73,822,000 | 76,818,000 |
| Total loans | 35,856,000 | 34,439,000 | 33,999,000 | 33,843,000 |
| Allowance for loan losses | 175,000 | 160,000 | 140,000 | 112,000 |
| Securities available for sale | 29,443,000 | 29,548,000 | 30,550,000 | 31,811,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,865,000 | 65,843,000 | 65,931,000 | 69,676,000 |
| Interest-bearing deposits | 39,858,000 | 40,053,000 | 40,878,000 | 41,773,000 |
| Noninterest-bearing deposits | 26,007,000 | 25,790,000 | 25,053,000 | 27,903,000 |
| Equity capital | 6,925,000 | 7,193,000 | 7,342,000 | 6,649,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 734,000 | 1,446,000 | 2,144,000 | 2,843,000 |
| Interest expense | 81,000 | 162,000 | 246,000 | 338,000 |
| Net interest income | 653,000 | 1,284,000 | 1,898,000 | 2,505,000 |
| Noninterest income | 120,000 | 231,000 | 357,000 | 482,000 |
| Noninterest expense | 549,000 | 1,089,000 | 1,636,000 | 2,324,000 |
| Provision for loan losses | 0 | 0 | -75,000 | -75,000 |
| Pretax income | 224,000 | 416,000 | 779,000 | 823,000 |
| Income tax | 65,000 | 121,000 | 225,000 | 255,000 |
| Net income | 159,000 | 295,000 | 554,000 | 568,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,270,000 | 6,362,000 | 6,745,000 | 6,333,000 |
| Total capital | 6,445,000 | 6,522,000 | 7,686,000 | 7,267,000 |
| Risk-weighted assets | 60,905,000 | 56,869,000 | 58,294,000 | 59,443,000 |