CorTrust - Statement of Condition

December 31, 2016  (in thousands)

Cash and Due from Banks: $17,077
Securities 104,964
Loans and Discounts 610,516
Less: Allowance for Loan & Lease Loss (8,604)
Premises & Fixed Assets 17,850
Other Real Estate Owned
Intangible Assets 4,239
Other Assets 15,417
TOTAL ASSETS                      $761,459

 

Deposits:  $652,362
Noninterest Bearing 167,127
Interest Bearing 485,235
Notes and Sub Debentures
Other Borrowed Money
Federal Funds Purchased 8,300
Other Liabilities 13,579
TOTAL LIABILITIES $674,241

 

Common Stock $2,959
Surplus 24,464
Undivided Profits & Capital Reserves 59,718
Unrealized Gain/Loss on Securities 77
TOTAL EQUITY $87,218
TOTAL LIABILITIES & SHAREHOLDER EQUITY $761,459

 

Capital Ratios & Other Balance Sheet Information

The following figures were obtained from our December 31, 2016 Call Report to comply with Regulation F.

 

Capital Ratio Well Capitalized
Per Regulation F
CorTrust Bank
Mitchell, SD
Tier One Leverage Ratio 5% 11.36%
Common Equity Tier 1 Risked Based Capital Ratio 6.5% 12.82%
Tier One Risk Based Capital Ratio 8% 12.82%
Total Risk Based Capital Ratio 10% 14.07%

 

 

Item (in thousands)               9/30/2016 12/31/2016
Total Assets 756,754 761,459
Total Liabilities 669,716 674,241
Total Equity Capital 87,038 87,218
Total Loans 610,057 610,516
Loan Loss Reserve (8,222) (8,604)

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.