CorTrust - Statement of Condition

March 31, 2017  (in thousands)

Cash and Due from Banks: $13,949
Securities 117,798
Loans and Discounts 609,296
Less: Allowance for Loan & Lease Loss (8,709)
Premises & Fixed Assets 17,624
Other Real Estate Owned
Intangible Assets 4,124
Other Assets 14,951
TOTAL ASSETS                      $769,033

 

Deposits:  $664,547
Noninterest Bearing 172,988
Interest Bearing 491,559
Notes and Sub Debentures
Other Borrowed Money
Federal Funds Purchased
Other Liabilities 16,163
TOTAL LIABILITIES $680,710

 

Common Stock $2,959
Surplus 24,464
Undivided Profits & Capital Reserves 60,596
Unrealized Gain/Loss on Securities 304
TOTAL EQUITY $88,323
TOTAL LIABILITIES & SHAREHOLDER EQUITY $769,033

 

Capital Ratios & Other Balance Sheet Information

The following figures were obtained from our March 31, 2017 Call Report to comply with Regulation F.

 

Capital Ratio Well Capitalized
Per Regulation F
CorTrust Bank
Mitchell, SD
Tier One Leverage Ratio 5% 11.47%
Common Equity Tier 1 Risked Based Capital Ratio 6.5% 12.87%
Tier One Risk Based Capital Ratio 8% 12.87%
Total Risk Based Capital Ratio 10% 14.12%

 

 

Item (in thousands)               12/31/2016 3/31/2017
Total Assets 761,459 769,033
Total Liabilities 674,241 680,710
Total Equity Capital 87,218 88,323
Total Loans 610,516 609,296
Loan Loss Reserve (8,604) (8,709)

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.