Call reports 2016
SOLVAY BANK — 2016
What SOLVAY 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 | 837,262,000 | 837,864,000 | 866,184,000 | 857,231,000 |
| Total loans | 491,817,000 | 507,956,000 | 511,991,000 | 529,661,000 |
| Allowance for loan losses | 5,634,000 | 5,694,000 | 5,702,000 | 5,564,000 |
| Securities available for sale | 209,289,000 | 219,572,000 | 220,546,000 | 222,945,000 |
| Securities held to maturity | 84,474,000 | 76,727,000 | 74,558,000 | 71,358,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 751,784,000 | 749,321,000 | 776,647,000 | 749,898,000 |
| Interest-bearing deposits | 600,840,000 | 594,488,000 | 179,677,000 | 574,427,000 |
| Noninterest-bearing deposits | 150,944,000 | 154,833,000 | 596,970,000 | 175,471,000 |
| Equity capital | 73,106,000 | 74,944,000 | 75,364,000 | 72,868,000 |
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 | 6,300,000 | 12,626,000 | 19,166,000 | 25,658,000 |
| Interest expense | 762,000 | 1,554,000 | 2,416,000 | 3,218,000 |
| Net interest income | 5,538,000 | 11,072,000 | 16,750,000 | 22,440,000 |
| Noninterest income | 1,143,000 | 2,451,000 | 3,772,000 | 5,026,000 |
| Noninterest expense | 4,337,000 | 8,739,000 | 13,180,000 | 17,536,000 |
| Provision for loan losses | 125,000 | 250,000 | 375,000 | 500,000 |
| Pretax income | 2,219,000 | 4,534,000 | 7,000,000 | 9,463,000 |
| Income tax | 583,000 | 1,185,000 | 1,851,000 | 2,492,000 |
| Net income | 1,636,000 | 3,349,000 | 5,149,000 | 6,971,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,811,000 | 73,874,000 | 75,024,000 | 76,197,000 |
| Total capital | 78,404,000 | 79,568,000 | 80,726,000 | 81,761,000 |
| Risk-weighted assets | 447,376,000 | 467,455,000 | 470,566,000 | 486,705,000 |