this is the lowest annual proportion of unprofitable institutions for the industry since 2004. loan loss provisions of $ 37.0 billion in 2015 were -59- $ 7.3 billion or 24.6 percent more than banks set aside in 2014. this is the first time in the last six years that loan loss provisions have been higher than the preceding year , and the total allocation for 2015 was the largest amount since 2012. net interest income increased for the second year in a row , by $ 9.4 billion or 2.2 percent . noninterest income was $ 5.5 billion or 2.2 percent above the level of 2014 , as servicing fee income increased by $ 1.5 billion or 16.8 percent . realized gains on sales of loans were $ 1.4 billion or 7.7 percent higher than a year ago . total noninterest expense decreased $ 5.5 billion or 1.3 percent comparing 2015 and 2014. the average return on average assets for 2015 was 1.04 percent , up from 1.02 percent in 2014. the united states economy continued on an upward path in 2015. this could affect interest rates which may adversely impact bank earnings as net interest margins compress from the inability of management to keep fund costs low . continuous expense control , sound balance sheet management and lower loan loss provisions could offset some of the negative impact of the reduction in net interest margins . review of financial position : total assets , loans and deposits were $ 1.8 billion , $ 1.3 billion and $ 1.5 billion , respectively , at december 31 , 2015. total assets , loans and deposits grew 4.4 percent , 10.8 percent and 2.1 percent , respectively , compared to 2014 year-end balances . the loan portfolio consisted of $ 933.0 million of business loans , including commercial and commercial real estate loans , and $ 407.8 million in retail loans , including residential mortgage and consumer loans at december 31 , 2015. total investment securities were $ 297.0 million at december 31 , 2015 , including $ 284.9 million of investment securities classified as available-for sale and $ 12.1 million classified as held-to-maturity . total deposits consisted of $ 321.0 million in noninterest-bearing deposits and $ 1.1 billion in interest-bearing deposits at december 31 , 2015. stockholders ' equity equaled $ 248.8 million , or $ 33.57 per share , at december 31 , 2015 , and $ 246.8 million , or $ 32.69 per share , at december 31 , 2014. dividends declared for the 2015 amounted to $ 1.24 per share representing 52.5 percent of net income . nonperforming assets equaled $ 12.5 million or 0.93 percent of loans , net and foreclosed assets at december 31 , 2015 , up from $ 10.9 million or 0.90 percent at december 31 , 2014. the allowance for loan losses equaled $ 13.0 million or 0.97 percent of loans , net , at december 31 , 2015 , compared to $ 10.3 million or 0.85 percent at year-end 2014. loans charged-off , net of recoveries equaled $ 1.1 million or 0.08 percent of average loans in 2015 , compared to $ 1.8 million or 0.15 percent of average loans in 2014. investment portfolio : primarily , our investment portfolio provides a source of liquidity needed to meet expected loan demand and generates a reasonable return in order to increase our profitability . additionally , we utilize the investment portfolio to meet pledging requirements and reduce income taxes . at december 31 , 2015 , our portfolio consisted primarily of short-term u.s. treasury and government agency securities , which provide a source of liquidity and intermediate-term , tax-exempt state and municipal obligations , which mitigate our tax burden . investment securities decreased $ 57.3 million , to $ 297.0 million at december 31 , 2015 , from $ 354.3 million at december 31 , 2014. at december 31 , 2015 , the investment portfolio consisted of $ 284.9 million of investment securities classified as available-for-sale and $ 12.1 million classified as held-to-maturity . loan demand accelerated in the second half of 2015 which resulted in using a portion of the investment cash flow to fund loans . excess cash flow from investment payments and repayments was directed back into the investment portfolio in the first half of 2015. security purchases totaled $ 90.4 million in 2015 , with the majority of the purchases consisting of short-term u.s. treasury securities and intermediate- term tax-exempt municipal securities . investment purchases in 2014 amounted to $ 102.3 million . -60- repayments of investment securities totaled $ 60.8 million in 2015 and $ 49.7 million in 2014. we received proceeds of $ 82.0 million from the sale of investment securities in 2015 and $ 15.4 million in 2014. net gains recognized on the sale of investment securities available-for-sale totaled $ 1,189 in 2015 and $ 861 in 2014. the 2015 sales consisted of $ 80.2 million of short-term u.s. treasury securities and $ 1.8 million of tax-exempt municipal securities . we continually analyze the investment portfolio with respect to its exposure to various risk elements . as a result of such analysis , we sold the tax-exempt municipal securities due to credit risk concerns . investment securities averaged $ 311.2 million and equaled 19.7 percent of average earning assets in 2015 , compared to $ 338.5 million and equaled 21.7 percent of average earning assets in 2014. the tax-equivalent yield on the investment portfolio increased four basis points to 2.71 percent in 2015 from 2.67 percent in 2014. loan portfolio : loans , net increased $ 131.0 million or 10.8 percent in 2015 to $ 1.3 billion at december 31 , 2015. business loans , including commercial loans and commercial real estate loans , were $ 933.0 million or 69.6 percent of loans , net at december 31 , 2015 , and $ 813.1 million or 67.2 percent at year-end 2014. residential mortgages and consumer loans story_separator_special_tag as a result , tax-equivalent net interest income decreased $ 3,536 comparing 2015 and 2014. the tax-equivalent yield on earning assets decreased 9 basis points to 4.19 percent in 2015 from 4.28 percent in 2014 , resulting in a reduction in interest income of $ 3,884. while the tax-equivalent yield on the investment portfolio increased 4 basis points to 2.71 percent in 2015 from 2.67 percent in 2014 , interest income decreased $ 499 due to changes in the mix of investments . the tax-equivalent yield on the loan portfolio decreased 28 basis points to 4.59 percent in 2015 from 4.87 percent in 2014 and resulted in a reduction in interest income of $ 3,408. the impact that lower reinvestment rates had on the tax-equivalent yield on the loan portfolio was partially mitigated by the recognition of loan fair value accretion resulting in an increase in the tax-equivalent net interest margin of 4 basis points in 2015. the unfavorable rate variance caused by changes in the earning asset yields was partially offset by a decrease of $ 348 in interest expense , which primarily resulted from a decrease of 6 basis points in fund costs to 0.51 percent in 2015 from 0.57 percent in 2014. we experienced decreases in the rates paid on all major categories of interest-bearing liabilities with the exception of now accounts and time deposits of less than $ 100. specifically , the cost of money market and savings accounts decreased 6 basis points and 7 basis points comparing 2015 and 2014. these decreases resulted in a decrease in interest expense of $ 372. the cost of now accounts increased 2 basis points which resulted in an increase of $ 35 in interest expense . with regard to time deposits , the average rate paid for time deposits less than $ 100 increased 8 basis points while time deposits $ 100 or more decreased 9 basis points , which together resulted in a $ 68 increase in interest expense . the average rate paid on short-term borrowings decreased 9 basis points for 2015 when compared to 2014 , causing a $ 12 decrease in interest expense . interest expense was reduced $ 67 from a 20 basis point decline in the average rate paid on long-term debt . provision for loan losses : we evaluate the adequacy of the allowance for loan losses account on a quarterly basis utilizing our systematic analysis in accordance with procedural discipline . we take into consideration certain factors such as composition of the loan portfolio , volume of nonperforming loans , volumes of net charge-offs , prevailing economic conditions and other relevant factors when determining the adequacy of the allowance for loan losses account . we make monthly provisions to the allowance for loan losses account in order to maintain the allowance at an appropriate level . the provision for loan losses equaled $ 3,700 in 2015 and $ 3,524 in 2014. the primary cause for the increase in the provision was an increase in the volume of loans originated . commercial , commercial real estate and consumer loans experienced increases in the qualitative factor related to changes in the volume of these loans . partially offsetting these increases were decreases in the qualitative factors for commercial and commercial real estate related to loan review . additionally , the qualitative factor for residential real estate related to loan balances decreased . based on our most recent evaluation at december 31 , 2015 , we believe that the allowance was adequate to absorb any known or potential losses in our portfolio . -66- noninterest income : our noninterest income increased $ 468 or 3.1 percent to $ 15.7 million in 2015 from $ 15.3 million in 2014. net gains on sale of investment securities were $ 1.2 million in 2015 compared to $ 861 in 2014 an increase of $ 328 or 38.1 percent as we took advantage of the significant improvement in the value of our u.s. treasury securities brought on by the reduction in market yields . revenue received from merchant services increased $ 306 or 8.6 percent to $ 3,855 in 2015 from $ 3,549 in 2014 due to an increase in the number of merchants serviced whom transact higher volumes . wealth management income increased $ 93 or 12.4 percent comparing 2015 to 2014 as a comprehensive plan to accelerate growth began to be implemented.in 2015. mortgage banking income increased $ 224 or 34.6 percent in 2015 compared to 2014 due to higher volumes driven by the continued low interest rate environment . revenue received from service charges , fees and commissions decreased $ 239 or 3.7 percent comparing 2015 and 2014 due to lower overdraft and deposit fees . commissions and fees on fiduciary activities decreased $ 233 or 10.7 percent comparing 2015 and 2014 due to a decrease in executor fees . income from investment in life insurance decreased $ 11 or 1.4 percent to $ 767 in 2015 from $ 778 in 2014 due to slightly higher mortality factors . in 2015 , we hired a seasoned professional with significant experience to manage our trust and wealth management divisions in order to increase the volume of assets under management and the amount of noninterest income . this individual has a comprehensive plan to accelerate growth in the near term through employing a network of representatives and affiliated companies . noninterest expense : noninterest expense was $ 46.8 million for the year ended december 31 , 2015 compared to $ 45.9 million for the year ended december 31 , 2014. salaries and employee benefits expense constitute the majority of our noninterest expenses accounting for 46.0 percent of the total non interest expense . salaries and employee benefits expense increased $ 881 thousand or 4.3 percent to $ 21.5 million in 2015 from $ 20.7 million in 2014. salaries and payroll taxes increased $ 1,758 or 10.7 percent , while employee benefits expense decreased $ 877 or

liquidity : we employ a number of analytical techniques in assessing the adequacy of our liquidity position . one such technique is the use of ratio analysis to illustrate our reliance on noncore funds to fund our investments and loans maturing after 2015. at december 31 , 2015 , our noncore funds consisted of time deposits in denominations of $ 100 or more , repurchase agreements , short-term borrowings and long-term debt . large denomination time deposits are particularly not considered to be a strong source of liquidity since they are very interest rate sensitive and are considered to be highly volatile . at december 31 , 2015 , our net noncore funding dependence ratio , the difference between noncore funds and short-term investments to long-term assets , was 11.3 percent . our net short-term noncore funding dependence ratio , noncore funds maturing within one year , less short-term investments to long-term assets equaled 4.1 percent . comparatively , our ratios equaled 8.5 percent and 3.0 percent at the end of 2014 , which indicated an increase in our reliance on noncore funds . moreover , our basis liquidity surplus ratio , defined as liquid assets less short-term potentially volatile liabilities as a percentage of total assets , declined to 1.6 percent at december 31 , 2015 , from 4.8 percent at december 31 , 2014. we believe that by supplying adequate volumes of short-term investments and implementing competitive pricing strategies on deposits , we can ensure adequate liquidity to support future growth . the consolidated statements of cash flows present the change in cash and cash equivalents from operating , investing and financing activities . cash and cash equivalents consist of cash on hand , cash items in the process of collection , noninterest-bearing and interest-bearing deposits with other banks and federal funds sold . cash and cash equivalents increased $ 1.5 million for the year ended december 31 , 2015. conversely , for the year ended december 31 , 2014 , cash and cash equivalents decreased $ 19.9 million . during 2015 , cash provided by operating and financing activities was partially offset by cash used in investing activities .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity : we employ a number of analytical techniques in assessing the adequacy of our liquidity position . one such technique is the use of ratio analysis to illustrate our reliance on noncore funds to fund our investments and loans maturing after 2015. at december 31 , 2015 , our noncore funds consisted of time deposits in denominations of $ 100 or more , repurchase agreements , short-term borrowings and long-term debt . large denomination time deposits are particularly not considered to be a strong source of liquidity since they are very interest rate sensitive and are considered to be highly volatile . at december 31 , 2015 , our net noncore funding dependence ratio , the difference between noncore funds and short-term investments to long-term assets , was 11.3 percent . our net short-term noncore funding dependence ratio , noncore funds maturing within one year , less short-term investments to long-term assets equaled 4.1 percent . comparatively , our ratios equaled 8.5 percent and 3.0 percent at the end of 2014 , which indicated an increase in our reliance on noncore funds . moreover , our basis liquidity surplus ratio , defined as liquid assets less short-term potentially volatile liabilities as a percentage of total assets , declined to 1.6 percent at december 31 , 2015 , from 4.8 percent at december 31 , 2014. we believe that by supplying adequate volumes of short-term investments and implementing competitive pricing strategies on deposits , we can ensure adequate liquidity to support future growth . the consolidated statements of cash flows present the change in cash and cash equivalents from operating , investing and financing activities . cash and cash equivalents consist of cash on hand , cash items in the process of collection , noninterest-bearing and interest-bearing deposits with other banks and federal funds sold . cash and cash equivalents increased $ 1.5 million for the year ended december 31 , 2015. conversely , for the year ended december 31 , 2014 , cash and cash equivalents decreased $ 19.9 million . during 2015 , cash provided by operating and financing activities was partially offset by cash used in investing activities .
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 Suspicious Activity Report : this is the lowest annual proportion of unprofitable institutions for the industry since 2004. loan loss provisions of $ 37.0 billion in 2015 were -59- $ 7.3 billion or 24.6 percent more than banks set aside in 2014. this is the first time in the last six years that loan loss provisions have been higher than the preceding year , and the total allocation for 2015 was the largest amount since 2012. net interest income increased for the second year in a row , by $ 9.4 billion or 2.2 percent . noninterest income was $ 5.5 billion or 2.2 percent above the level of 2014 , as servicing fee income increased by $ 1.5 billion or 16.8 percent . realized gains on sales of loans were $ 1.4 billion or 7.7 percent higher than a year ago . total noninterest expense decreased $ 5.5 billion or 1.3 percent comparing 2015 and 2014. the average return on average assets for 2015 was 1.04 percent , up from 1.02 percent in 2014. the united states economy continued on an upward path in 2015. this could affect interest rates which may adversely impact bank earnings as net interest margins compress from the inability of management to keep fund costs low . continuous expense control , sound balance sheet management and lower loan loss provisions could offset some of the negative impact of the reduction in net interest margins . review of financial position : total assets , loans and deposits were $ 1.8 billion , $ 1.3 billion and $ 1.5 billion , respectively , at december 31 , 2015. total assets , loans and deposits grew 4.4 percent , 10.8 percent and 2.1 percent , respectively , compared to 2014 year-end balances . the loan portfolio consisted of $ 933.0 million of business loans , including commercial and commercial real estate loans , and $ 407.8 million in retail loans , including residential mortgage and consumer loans at december 31 , 2015. total investment securities were $ 297.0 million at december 31 , 2015 , including $ 284.9 million of investment securities classified as available-for sale and $ 12.1 million classified as held-to-maturity . total deposits consisted of $ 321.0 million in noninterest-bearing deposits and $ 1.1 billion in interest-bearing deposits at december 31 , 2015. stockholders ' equity equaled $ 248.8 million , or $ 33.57 per share , at december 31 , 2015 , and $ 246.8 million , or $ 32.69 per share , at december 31 , 2014. dividends declared for the 2015 amounted to $ 1.24 per share representing 52.5 percent of net income . nonperforming assets equaled $ 12.5 million or 0.93 percent of loans , net and foreclosed assets at december 31 , 2015 , up from $ 10.9 million or 0.90 percent at december 31 , 2014. the allowance for loan losses equaled $ 13.0 million or 0.97 percent of loans , net , at december 31 , 2015 , compared to $ 10.3 million or 0.85 percent at year-end 2014. loans charged-off , net of recoveries equaled $ 1.1 million or 0.08 percent of average loans in 2015 , compared to $ 1.8 million or 0.15 percent of average loans in 2014. investment portfolio : primarily , our investment portfolio provides a source of liquidity needed to meet expected loan demand and generates a reasonable return in order to increase our profitability . additionally , we utilize the investment portfolio to meet pledging requirements and reduce income taxes . at december 31 , 2015 , our portfolio consisted primarily of short-term u.s. treasury and government agency securities , which provide a source of liquidity and intermediate-term , tax-exempt state and municipal obligations , which mitigate our tax burden . investment securities decreased $ 57.3 million , to $ 297.0 million at december 31 , 2015 , from $ 354.3 million at december 31 , 2014. at december 31 , 2015 , the investment portfolio consisted of $ 284.9 million of investment securities classified as available-for-sale and $ 12.1 million classified as held-to-maturity . loan demand accelerated in the second half of 2015 which resulted in using a portion of the investment cash flow to fund loans . excess cash flow from investment payments and repayments was directed back into the investment portfolio in the first half of 2015. security purchases totaled $ 90.4 million in 2015 , with the majority of the purchases consisting of short-term u.s. treasury securities and intermediate- term tax-exempt municipal securities . investment purchases in 2014 amounted to $ 102.3 million . -60- repayments of investment securities totaled $ 60.8 million in 2015 and $ 49.7 million in 2014. we received proceeds of $ 82.0 million from the sale of investment securities in 2015 and $ 15.4 million in 2014. net gains recognized on the sale of investment securities available-for-sale totaled $ 1,189 in 2015 and $ 861 in 2014. the 2015 sales consisted of $ 80.2 million of short-term u.s. treasury securities and $ 1.8 million of tax-exempt municipal securities . we continually analyze the investment portfolio with respect to its exposure to various risk elements . as a result of such analysis , we sold the tax-exempt municipal securities due to credit risk concerns . investment securities averaged $ 311.2 million and equaled 19.7 percent of average earning assets in 2015 , compared to $ 338.5 million and equaled 21.7 percent of average earning assets in 2014. the tax-equivalent yield on the investment portfolio increased four basis points to 2.71 percent in 2015 from 2.67 percent in 2014. loan portfolio : loans , net increased $ 131.0 million or 10.8 percent in 2015 to $ 1.3 billion at december 31 , 2015. business loans , including commercial loans and commercial real estate loans , were $ 933.0 million or 69.6 percent of loans , net at december 31 , 2015 , and $ 813.1 million or 67.2 percent at year-end 2014. residential mortgages and consumer loans story_separator_special_tag as a result , tax-equivalent net interest income decreased $ 3,536 comparing 2015 and 2014. the tax-equivalent yield on earning assets decreased 9 basis points to 4.19 percent in 2015 from 4.28 percent in 2014 , resulting in a reduction in interest income of $ 3,884. while the tax-equivalent yield on the investment portfolio increased 4 basis points to 2.71 percent in 2015 from 2.67 percent in 2014 , interest income decreased $ 499 due to changes in the mix of investments . the tax-equivalent yield on the loan portfolio decreased 28 basis points to 4.59 percent in 2015 from 4.87 percent in 2014 and resulted in a reduction in interest income of $ 3,408. the impact that lower reinvestment rates had on the tax-equivalent yield on the loan portfolio was partially mitigated by the recognition of loan fair value accretion resulting in an increase in the tax-equivalent net interest margin of 4 basis points in 2015. the unfavorable rate variance caused by changes in the earning asset yields was partially offset by a decrease of $ 348 in interest expense , which primarily resulted from a decrease of 6 basis points in fund costs to 0.51 percent in 2015 from 0.57 percent in 2014. we experienced decreases in the rates paid on all major categories of interest-bearing liabilities with the exception of now accounts and time deposits of less than $ 100. specifically , the cost of money market and savings accounts decreased 6 basis points and 7 basis points comparing 2015 and 2014. these decreases resulted in a decrease in interest expense of $ 372. the cost of now accounts increased 2 basis points which resulted in an increase of $ 35 in interest expense . with regard to time deposits , the average rate paid for time deposits less than $ 100 increased 8 basis points while time deposits $ 100 or more decreased 9 basis points , which together resulted in a $ 68 increase in interest expense . the average rate paid on short-term borrowings decreased 9 basis points for 2015 when compared to 2014 , causing a $ 12 decrease in interest expense . interest expense was reduced $ 67 from a 20 basis point decline in the average rate paid on long-term debt . provision for loan losses : we evaluate the adequacy of the allowance for loan losses account on a quarterly basis utilizing our systematic analysis in accordance with procedural discipline . we take into consideration certain factors such as composition of the loan portfolio , volume of nonperforming loans , volumes of net charge-offs , prevailing economic conditions and other relevant factors when determining the adequacy of the allowance for loan losses account . we make monthly provisions to the allowance for loan losses account in order to maintain the allowance at an appropriate level . the provision for loan losses equaled $ 3,700 in 2015 and $ 3,524 in 2014. the primary cause for the increase in the provision was an increase in the volume of loans originated . commercial , commercial real estate and consumer loans experienced increases in the qualitative factor related to changes in the volume of these loans . partially offsetting these increases were decreases in the qualitative factors for commercial and commercial real estate related to loan review . additionally , the qualitative factor for residential real estate related to loan balances decreased . based on our most recent evaluation at december 31 , 2015 , we believe that the allowance was adequate to absorb any known or potential losses in our portfolio . -66- noninterest income : our noninterest income increased $ 468 or 3.1 percent to $ 15.7 million in 2015 from $ 15.3 million in 2014. net gains on sale of investment securities were $ 1.2 million in 2015 compared to $ 861 in 2014 an increase of $ 328 or 38.1 percent as we took advantage of the significant improvement in the value of our u.s. treasury securities brought on by the reduction in market yields . revenue received from merchant services increased $ 306 or 8.6 percent to $ 3,855 in 2015 from $ 3,549 in 2014 due to an increase in the number of merchants serviced whom transact higher volumes . wealth management income increased $ 93 or 12.4 percent comparing 2015 to 2014 as a comprehensive plan to accelerate growth began to be implemented.in 2015. mortgage banking income increased $ 224 or 34.6 percent in 2015 compared to 2014 due to higher volumes driven by the continued low interest rate environment . revenue received from service charges , fees and commissions decreased $ 239 or 3.7 percent comparing 2015 and 2014 due to lower overdraft and deposit fees . commissions and fees on fiduciary activities decreased $ 233 or 10.7 percent comparing 2015 and 2014 due to a decrease in executor fees . income from investment in life insurance decreased $ 11 or 1.4 percent to $ 767 in 2015 from $ 778 in 2014 due to slightly higher mortality factors . in 2015 , we hired a seasoned professional with significant experience to manage our trust and wealth management divisions in order to increase the volume of assets under management and the amount of noninterest income . this individual has a comprehensive plan to accelerate growth in the near term through employing a network of representatives and affiliated companies . noninterest expense : noninterest expense was $ 46.8 million for the year ended december 31 , 2015 compared to $ 45.9 million for the year ended december 31 , 2014. salaries and employee benefits expense constitute the majority of our noninterest expenses accounting for 46.0 percent of the total non interest expense . salaries and employee benefits expense increased $ 881 thousand or 4.3 percent to $ 21.5 million in 2015 from $ 20.7 million in 2014. salaries and payroll taxes increased $ 1,758 or 10.7 percent , while employee benefits expense decreased $ 877 or

