it pertains to the company 's financial condition , changes in financial condition and results of operations as of december 31 , 2015 and 2014 and for each of the three years in the period ended december 31 , 2015. the discussion should be read in conjunction with the company 's audited consolidated financial statements and notes thereto and the other financial information appearing elsewhere herein . overview the company recorded net income of $ 5.8 million for the year ended december 31 , 2015 , a 23 % increase over net income of $ 4.7 million during the year ended december 31 , 2014. pretax income increased by $ 1.7 million , or 22 % , from to $ 9.5 million in 2015 from $ 7.8 million during the year ended december 31 , 2014. net interest income increased by $ 2.0 million to $ 21.4 million during 2015 from $ 19.4 million for the year ended december 31 , 2014. this increase in net interest income resulted from an increase in interest income of $ 1.5 million and a decrease in interest expense of $ 489 thousand . interest on loans increased by $ 1.3 million and interest on investment securities increased by $ 179 thousand . an increase of $ 2 thousand in interest expense on deposits was offset by a decrease in interest expense on borrowings of $ 491 thousand . the largest component of this decrease was a decrease of $ 537 thousand in interest expense related to the redemption of the company 's $ 7.5 million subordinated debenture in april , 2015. the provision for loan losses was $ 1.1 million during 2015 and 2014. during the year ended december 31 , 2015 non-interest income totaled $ 7.7 million an increase of $ 400 thousand from the year ended december 31 , 2014. the largest component of this increase was an increase in gain on sale of sba loans of $ 546 thousand . gains on sale of securities were $ 21 thousand during 2015 and $ 128 thousand in 2014. in addition , the 2014 quarter included a $ 148 thousand gain on sale of our credit card portfolio . non-interest expense increased by $ 646 thousand to $ 18.5 million during the twelve months ended december 31 , 2015 , up from $ 17.8 million during 2014. the largest component of this increase was an increase in salary expense of $ 559 thousand . this increase includes an increase in loan production personnel costs , costs associated with our new reno , nevada branch , an increase in commissions earned on the sale of sba loans , related to an increase in sales volume , and merit and promotional wage increases . the provision for income taxes increased by $ 631 thousand from $ 3.1 million in 2014 to $ 3.7 million during the year ended december 31 , 2015. total assets at december 31 , 2015 were $ 599 million , an increase of $ 60.4 million from $ 539 million at december 31 , 2014. this increase included increases of $ 22.6 million in cash and due from banks , $ 6.4 million in investment securities , $ 30.0 million in net loans , $ 0.6 million in premises and equipment , $ 0.3 million in bank owned life insurance and $ 2.3 million in other assets exclusive of oreo . oreo decreased by $ 1.8 million . loans increased by $ 30.6 million , or 8 % , from $ 370.4 million at december 31 , 2014 to $ 401.0 million at december 31 , 2015. the increase in loan balances includes $ 28.8 million in commercial real estate loans , $ 5.6 million in commercial loans , $ 4.5 million in agricultural loans and $ 3.7 million in automobile loans . these increases were partially offset by declines of $ 8.4 million in construction and land development loans and $ 3.6 million in all other loan types . construction and land development loans , which management has identified as a higher-risk loan category , represented 4.0 % and 6.6 % of the loan portfolio as of december 31 , 2015 and december 31 , 2014 , respectively . total deposits increased by $ 59.4 million from $ 468 million at december 31 , 2014 to $ 527 million at december 31 , 2015. in addition to deposit growth from our branch network , we acquired approximately $ 10 million in deposits with our acquisition of the redding , california , branch of rabobank n.a . effective july 31 , 2015. no loans were acquired in this transaction . core deposit growth remained strong in 2015 as evidenced by increases of $ 28.4 million in demand deposits , $ 19.6 million in savings accounts , $ 9.1 million in interest-bearing transaction accounts ( now ) and $ 6.4 million in money market accounts . time deposits declined by $ 4.1 million , much of which we attribute to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits . the company has no brokered deposits . total shareholders ' equity increased by $ 6.0 million from $ 36.5 million at december 31 , 2014 to $ 42.5 million at december 31 , 2015. the $ 6.0 million includes earnings during the twelve month period totaling $ 5.8 million with the balance of $ 0.2 million mostly representing stock option activity . the return on average assets was 1.02 % for 2015 , up from 0.89 % for 2014. the return on average equity was 14.6 % for 2015 , up from 14.0 % for 2014 . 23 results of operations net interest income the following table presents , for the years indicated , the distribution of consolidated average assets , liabilities and shareholders ' equity . average balances are based on average daily balances . story_separator_special_tag of the $ 126 thousand , $ 88 thousand was a one-time special dividend paid by the fhlb during june 2015. the effect of the increase in fhlb dividends and increases in other items of other non-interest income were partially offset by a $ 148 thousand gain on the sale of our credit card portfolio during the fourth quarter of 2014. the largest decrease in non-interest income was $ 154 thousand in service charge income most of which was related to a reduction in nsf and overcharge income which we attribute to improved economic conditions as well as working with our customers to help them reduce nsf activity . additionally , gain on sale of investments declined by $ 107 thousand from $ 128 thousand during the twelve months ended december 31 , 2014 to $ 21 thousand during 2015 . 28 2014 compared to 2013. during the twelve months ended december 31 , 2014 non-interest income totaled $ 7.3 million an increase of $ 673 thousand from the twelve months ended december 31 , 2013. the largest component of this increase was an increase of $ 196 thousand in service charge income which we attribute to growth in the company 's demand deposit accounts , an increase in debit card interchange income and a restructuring of our service charge fee structure beginning in august of 2013. during july and august 2014 we sold fourteen available-for- sale securities totaling $ 16.2 million recognizing a gain on sale of $ 128 thousand . loan servicing fees , which totaled $ 502 thousand for the 12 months ended december 31 , 2014 , increased by $ 179 thousand from 2013. other non-interest income increased by $ 176 thousand mostly related to a $ 148 thousand gain on the sale of our credit card portfolio during the fourth quarter of 2014. prior to the sale , credit card loans represented less than one-half of a percent of our loan portfolio . n on-interest expense the following table sets forth the components of other non-interest expense for the years ended december 31 , 2015 , 2014 and 2013. replace_table_token_9_th 2015 compared to 2014. non-interest expense increased by $ 646 thousand to $ 18.5 million during the twelve months ended december 31 , 2015 , up from $ 17.8 million during 2014. the largest components of this increase were $ 803 thousand in salary and benefit expense , $ 124 thousand professional fees , $ 104 thousand in insurance expense and $ 127 thousand in other operating expenses . the largest declines in non-interest expense were $ 180 thousand in oreo expenses , $ 161 thousand in the provision from change in oreo valuation and $ 120 thousand in occupancy and equipment expense . 29 the increase in salary and benefits includes an increase in salary expense , exclusive of commissions , of $ 412 thousand mostly related to merit and promotion increases , new hires including three loan officers ; one serving reno , nevada , one located in chico , california and an sba loan officer in scottsdale arizona , and a branch manager for our new reno , nevada location . other significant increases in salary and benefit expense include an increase of $ 147 thousand in commission expense , $ 111 thousand in 401k plan contributions and a reduction of $ 104 thousand in the deferral of loan origination costs . the increase in commission expense is mostly related to an increase in sba activity . effective january 1 , 2015 , we reestablished a 401k matching benefit resulting in $ 111 thousand in matching contributions . during each of 2015 and 2014 the company 's bonus expense totaled $ 600 thousand , the maximum payable under the terms of the respective bonus plans . the largest component of the increase in professional fees was an increase of $ 79 thousand in legal fees related to loan collection activities and general corporate matters including costs associated with our redding branch acquisition and our future reno , nevada branch . the second largest increase in professional fees was an increase of $ 52 thousand in audit expense related to lending functions , including the cost of our semi-annual loan review , an annual review of our sba loan operations by the sba and a review of our loan compliance systems . insurance expense , during 2014 , benefited from a one-time adjustment to accrued life insurance costs . the decline in oreo costs includes a decrease in oreo legal expense of $ 125 thousand and a decline in repair and maintenance costs of $ 54 thousand . during 2014 we incurred $ 142 thousand in legal costs , related to oreo , pursuing additional recoveries on selected oreo properties through legal channels . in addition , oreo repair expense during 2014 totaled $ 93 thousand much of which was used to fix up several properties in an effort to increase their marketability . oreo repair costs were $ 62 thousand in 2015. oreo maintenance costs declined by $ 23 thousand related to a decline in oreo properties . oreo represents real property taken by the bank either through foreclosure or through a deed in lieu thereof from the borrower . when other real estate is acquired , any excess of the bank 's recorded investment in the loan balance and accrued interest income over the estimated fair market value of the property less costs to sell is charged against the allowance for loan losses . a valuation allowance for losses on other real estate is maintained to provide for temporary declines in value . the allowance is established through a provision for subsequent losses on other real estate which is included in other expenses . subsequent gains or losses on sales or from impairment are recorded as incurred . the provision from change in oreo valuation declined by $ 161 thousand from $ 240 thousand during the year ended december 31 ,

capital resources total shareholders ' equity increased by $ 6.0 million from $ 36.5 million at december 31 , 2014 to $ 42.5 million at december 31 , 2015. the $ 6.0 million includes earnings during the twelve month period totaling $ 5.8 million with the balance of $ 0.2 million mostly representing stock option activity . it is the policy of the company to periodically distribute excess retained earnings to the shareholders through the payment of cash dividends . such dividends help promote shareholder value and capital adequacy by enhancing the marketability of the company 's stock . all authority to provide a return to the shareholders in the form of a cash or stock dividend or split rests with the board of directors . the board will periodically , but on no regular schedule , review the appropriateness of a cash dividend payment . banking regulations limit the amount of dividends that may be paid without prior approval of regulatory agencies . no common cash dividends were paid during the last seven years . the company is subject to various restrictions on the payment of dividends . c apital standards . the company uses a variety of measures to evaluate its capital adequacy . management reviews these capital measurements on a monthly basis and takes appropriate action to ensure that they are within established internal and external guidelines . the fdic has promulgated risk-based capital guidelines for all state non-member banks such as the bank . these guidelines establish a risk-adjusted ratio relating capital to different categories of assets and off-balance sheet exposures .


 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.
     ```capital resources total shareholders ' equity increased by $ 6.0 million from $ 36.5 million at december 31 , 2014 to $ 42.5 million at december 31 , 2015. the $ 6.0 million includes earnings during the twelve month period totaling $ 5.8 million with the balance of $ 0.2 million mostly representing stock option activity . it is the policy of the company to periodically distribute excess retained earnings to the shareholders through the payment of cash dividends . such dividends help promote shareholder value and capital adequacy by enhancing the marketability of the company 's stock . all authority to provide a return to the shareholders in the form of a cash or stock dividend or split rests with the board of directors . the board will periodically , but on no regular schedule , review the appropriateness of a cash dividend payment . banking regulations limit the amount of dividends that may be paid without prior approval of regulatory agencies . no common cash dividends were paid during the last seven years . the company is subject to various restrictions on the payment of dividends . c apital standards . the company uses a variety of measures to evaluate its capital adequacy . management reviews these capital measurements on a monthly basis and takes appropriate action to ensure that they are within established internal and external guidelines . the fdic has promulgated risk-based capital guidelines for all state non-member banks such as the bank . these guidelines establish a risk-adjusted ratio relating capital to different categories of assets and off-balance sheet exposures .
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 Suspicious Activity Report : it pertains to the company 's financial condition , changes in financial condition and results of operations as of december 31 , 2015 and 2014 and for each of the three years in the period ended december 31 , 2015. the discussion should be read in conjunction with the company 's audited consolidated financial statements and notes thereto and the other financial information appearing elsewhere herein . overview the company recorded net income of $ 5.8 million for the year ended december 31 , 2015 , a 23 % increase over net income of $ 4.7 million during the year ended december 31 , 2014. pretax income increased by $ 1.7 million , or 22 % , from to $ 9.5 million in 2015 from $ 7.8 million during the year ended december 31 , 2014. net interest income increased by $ 2.0 million to $ 21.4 million during 2015 from $ 19.4 million for the year ended december 31 , 2014. this increase in net interest income resulted from an increase in interest income of $ 1.5 million and a decrease in interest expense of $ 489 thousand . interest on loans increased by $ 1.3 million and interest on investment securities increased by $ 179 thousand . an increase of $ 2 thousand in interest expense on deposits was offset by a decrease in interest expense on borrowings of $ 491 thousand . the largest component of this decrease was a decrease of $ 537 thousand in interest expense related to the redemption of the company 's $ 7.5 million subordinated debenture in april , 2015. the provision for loan losses was $ 1.1 million during 2015 and 2014. during the year ended december 31 , 2015 non-interest income totaled $ 7.7 million an increase of $ 400 thousand from the year ended december 31 , 2014. the largest component of this increase was an increase in gain on sale of sba loans of $ 546 thousand . gains on sale of securities were $ 21 thousand during 2015 and $ 128 thousand in 2014. in addition , the 2014 quarter included a $ 148 thousand gain on sale of our credit card portfolio . non-interest expense increased by $ 646 thousand to $ 18.5 million during the twelve months ended december 31 , 2015 , up from $ 17.8 million during 2014. the largest component of this increase was an increase in salary expense of $ 559 thousand . this increase includes an increase in loan production personnel costs , costs associated with our new reno , nevada branch , an increase in commissions earned on the sale of sba loans , related to an increase in sales volume , and merit and promotional wage increases . the provision for income taxes increased by $ 631 thousand from $ 3.1 million in 2014 to $ 3.7 million during the year ended december 31 , 2015. total assets at december 31 , 2015 were $ 599 million , an increase of $ 60.4 million from $ 539 million at december 31 , 2014. this increase included increases of $ 22.6 million in cash and due from banks , $ 6.4 million in investment securities , $ 30.0 million in net loans , $ 0.6 million in premises and equipment , $ 0.3 million in bank owned life insurance and $ 2.3 million in other assets exclusive of oreo . oreo decreased by $ 1.8 million . loans increased by $ 30.6 million , or 8 % , from $ 370.4 million at december 31 , 2014 to $ 401.0 million at december 31 , 2015. the increase in loan balances includes $ 28.8 million in commercial real estate loans , $ 5.6 million in commercial loans , $ 4.5 million in agricultural loans and $ 3.7 million in automobile loans . these increases were partially offset by declines of $ 8.4 million in construction and land development loans and $ 3.6 million in all other loan types . construction and land development loans , which management has identified as a higher-risk loan category , represented 4.0 % and 6.6 % of the loan portfolio as of december 31 , 2015 and december 31 , 2014 , respectively . total deposits increased by $ 59.4 million from $ 468 million at december 31 , 2014 to $ 527 million at december 31 , 2015. in addition to deposit growth from our branch network , we acquired approximately $ 10 million in deposits with our acquisition of the redding , california , branch of rabobank n.a . effective july 31 , 2015. no loans were acquired in this transaction . core deposit growth remained strong in 2015 as evidenced by increases of $ 28.4 million in demand deposits , $ 19.6 million in savings accounts , $ 9.1 million in interest-bearing transaction accounts ( now ) and $ 6.4 million in money market accounts . time deposits declined by $ 4.1 million , much of which we attribute to migration into other types of deposits given the low rates and lack of liquidity associated with time deposits . the company has no brokered deposits . total shareholders ' equity increased by $ 6.0 million from $ 36.5 million at december 31 , 2014 to $ 42.5 million at december 31 , 2015. the $ 6.0 million includes earnings during the twelve month period totaling $ 5.8 million with the balance of $ 0.2 million mostly representing stock option activity . the return on average assets was 1.02 % for 2015 , up from 0.89 % for 2014. the return on average equity was 14.6 % for 2015 , up from 14.0 % for 2014 . 23 results of operations net interest income the following table presents , for the years indicated , the distribution of consolidated average assets , liabilities and shareholders ' equity . average balances are based on average daily balances . story_separator_special_tag of the $ 126 thousand , $ 88 thousand was a one-time special dividend paid by the fhlb during june 2015. the effect of the increase in fhlb dividends and increases in other items of other non-interest income were partially offset by a $ 148 thousand gain on the sale of our credit card portfolio during the fourth quarter of 2014. the largest decrease in non-interest income was $ 154 thousand in service charge income most of which was related to a reduction in nsf and overcharge income which we attribute to improved economic conditions as well as working with our customers to help them reduce nsf activity . additionally , gain on sale of investments declined by $ 107 thousand from $ 128 thousand during the twelve months ended december 31 , 2014 to $ 21 thousand during 2015 . 28 2014 compared to 2013. during the twelve months ended december 31 , 2014 non-interest income totaled $ 7.3 million an increase of $ 673 thousand from the twelve months ended december 31 , 2013. the largest component of this increase was an increase of $ 196 thousand in service charge income which we attribute to growth in the company 's demand deposit accounts , an increase in debit card interchange income and a restructuring of our service charge fee structure beginning in august of 2013. during july and august 2014 we sold fourteen available-for- sale securities totaling $ 16.2 million recognizing a gain on sale of $ 128 thousand . loan servicing fees , which totaled $ 502 thousand for the 12 months ended december 31 , 2014 , increased by $ 179 thousand from 2013. other non-interest income increased by $ 176 thousand mostly related to a $ 148 thousand gain on the sale of our credit card portfolio during the fourth quarter of 2014. prior to the sale , credit card loans represented less than one-half of a percent of our loan portfolio . n on-interest expense the following table sets forth the components of other non-interest expense for the years ended december 31 , 2015 , 2014 and 2013. replace_table_token_9_th 2015 compared to 2014. non-interest expense increased by $ 646 thousand to $ 18.5 million during the twelve months ended december 31 , 2015 , up from $ 17.8 million during 2014. the largest components of this increase were $ 803 thousand in salary and benefit expense , $ 124 thousand professional fees , $ 104 thousand in insurance expense and $ 127 thousand in other operating expenses . the largest declines in non-interest expense were $ 180 thousand in oreo expenses , $ 161 thousand in the provision from change in oreo valuation and $ 120 thousand in occupancy and equipment expense . 29 the increase in salary and benefits includes an increase in salary expense , exclusive of commissions , of $ 412 thousand mostly related to merit and promotion increases , new hires including three loan officers ; one serving reno , nevada , one located in chico , california and an sba loan officer in scottsdale arizona , and a branch manager for our new reno , nevada location . other significant increases in salary and benefit expense include an increase of $ 147 thousand in commission expense , $ 111 thousand in 401k plan contributions and a reduction of $ 104 thousand in the deferral of loan origination costs . the increase in commission expense is mostly related to an increase in sba activity . effective january 1 , 2015 , we reestablished a 401k matching benefit resulting in $ 111 thousand in matching contributions . during each of 2015 and 2014 the company 's bonus expense totaled $ 600 thousand , the maximum payable under the terms of the respective bonus plans . the largest component of the increase in professional fees was an increase of $ 79 thousand in legal fees related to loan collection activities and general corporate matters including costs associated with our redding branch acquisition and our future reno , nevada branch . the second largest increase in professional fees was an increase of $ 52 thousand in audit expense related to lending functions , including the cost of our semi-annual loan review , an annual review of our sba loan operations by the sba and a review of our loan compliance systems . insurance expense , during 2014 , benefited from a one-time adjustment to accrued life insurance costs . the decline in oreo costs includes a decrease in oreo legal expense of $ 125 thousand and a decline in repair and maintenance costs of $ 54 thousand . during 2014 we incurred $ 142 thousand in legal costs , related to oreo , pursuing additional recoveries on selected oreo properties through legal channels . in addition , oreo repair expense during 2014 totaled $ 93 thousand much of which was used to fix up several properties in an effort to increase their marketability . oreo repair costs were $ 62 thousand in 2015. oreo maintenance costs declined by $ 23 thousand related to a decline in oreo properties . oreo represents real property taken by the bank either through foreclosure or through a deed in lieu thereof from the borrower . when other real estate is acquired , any excess of the bank 's recorded investment in the loan balance and accrued interest income over the estimated fair market value of the property less costs to sell is charged against the allowance for loan losses . a valuation allowance for losses on other real estate is maintained to provide for temporary declines in value . the allowance is established through a provision for subsequent losses on other real estate which is included in other expenses . subsequent gains or losses on sales or from impairment are recorded as incurred . the provision from change in oreo valuation declined by $ 161 thousand from $ 240 thousand during the year ended december 31 ,

