Call reports 2016
FOUNDATION BANK — 2016
What FOUNDATION 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 | 213,990,000 | 216,660,000 | 221,362,000 | 216,423,000 |
| Total loans | 188,192,000 | 187,985,000 | 182,461,000 | 183,067,000 |
| Allowance for loan losses | 2,968,000 | 2,964,000 | 2,981,000 | 2,932,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,000 | 2,000 | 1,000 | 1,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 146,687,000 | 148,418,000 | 152,401,000 | 146,945,000 |
| Interest-bearing deposits | 135,906,000 | 137,631,000 | 141,468,000 | 137,655,000 |
| Noninterest-bearing deposits | 10,781,000 | 10,787,000 | 10,933,000 | 9,290,000 |
| Equity capital | 38,114,000 | 39,061,000 | 39,749,000 | 40,428,000 |
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 | 2,253,000 | 4,669,000 | 6,764,000 | 8,887,000 |
| Interest expense | 450,000 | 904,000 | 1,364,000 | 1,827,000 |
| Net interest income | 1,803,000 | 3,765,000 | 5,400,000 | 7,060,000 |
| Noninterest income | 106,000 | 222,000 | 389,000 | 494,000 |
| Noninterest expense | 1,116,000 | 2,217,000 | 3,316,000 | 4,387,000 |
| Provision for loan losses | 30,000 | 60,000 | 75,000 | 90,000 |
| Pretax income | 763,000 | 1,710,000 | 2,398,000 | 3,077,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 763,000 | 1,710,000 | 2,398,000 | 3,077,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,662,000 | 34,621,000 | 35,321,000 | 36,013,000 |
| Total capital | 35,815,000 | 36,782,000 | 37,502,000 | 38,133,000 |
| Risk-weighted assets | 171,425,000 | 172,090,000 | 173,657,000 | 168,773,000 |