CorTrust - Statement of Condition

June 30, 2017  (in thousands)

Cash and Due from Banks: $11,806
Securities 96,859
Loans and Discounts 646,293
Less: Allowance for Loan & Lease Loss (9,087)
Premises & Fixed Assets 17,854
Other Real Estate Owned
Intangible Assets 4,070
Other Assets 15,609
TOTAL ASSETS                      $783,404

 

Deposits:  $655,887
Noninterest Bearing 169,399
Interest Bearing 486,488
Notes and Sub Debentures
Other Borrowed Money
Federal Funds Purchased 23,950
Other Liabilities 15,390
TOTAL LIABILITIES $695,227

 

Common Stock $2,959
Surplus 24,464
Undivided Profits & Capital Reserves 60,253
Unrealized Gain/Loss on Securities 501
TOTAL EQUITY $88,177
TOTAL LIABILITIES & SHAREHOLDER EQUITY $783,404

 

Capital Ratios & Other Balance Sheet Information

The following figures were obtained from our June 30, 2017 Call Report to comply with Regulation F.

 

Capital Ratio Well Capitalized
Per Regulation F
CorTrust Bank
Mitchell, SD
Tier One Leverage Ratio 5% 11.34%
Common Equity Tier 1 Risked Based Capital Ratio 6.5% 12.26%
Tier One Risk Based Capital Ratio 8% 12.26%
Total Risk Based Capital Ratio 10% 13.51%

 

 

Item (in thousands)               3/31/2017 6/30/2017
Total Assets 769,033  783,404
Total Liabilities 680,710 695,227
Total Equity Capital 88,323 88,177
Total Loans 609,296 646,293
Loan Loss Reserve (8,709) (9,087)

This information is not a substitute for your analysis, but is intended to assist you in the analytical process. If you have any questions or concerns, please feel free to contact the bank.