replace_table_token_5_th 1 yield on total interest-earning assets minus cost of total interest-bearing liabilities 2 net interest income divided by average interest-earning assets 26 rate/volume analysis the following table illustrates the impact of changes in the volume of interest-earning assets and interest-bearing liabilities and interest rates on net interest income for the periods indicated . the change in interest not due solely to volume or rate has been allocated in proportion to the absolute dollar amounts of the change in each . rate/volume analysis of net interest income twelve months ended december 31 , 2015 vs. december 31 , 2014 due to changes in twelve months ended december 31 , 2014 vs. december 31 , 2013 due to changes in ( amounts in thousands ) volume rate net volume rate net interest income loans , including loans held-for-sale $ 9,624 $ ( 450 ) $ 9,174 $ 8,750 $ ( 1,718 ) $ 7,032 securities – taxable 417 275 692 301 ( 156 ) 145 securities – non-taxable 258 ( 4 ) 254 ( 1,381 ) ( 172 ) ( 1,553 ) other earning assets ( 71 ) 183 112 84 ( 29 ) 55 total 10,228 4 10,232 7,754 ( 2,075 ) 5,679 interest expense interest-bearing deposits 1,390 ( 288 ) 1,102 1,803 ( 1,011 ) 792 other borrowed funds 1,571 ( 907 ) 664 450 ( 402 ) 48 total 2,961 ( 1,195 ) 1,766 2,253 ( 1,413 ) 840 increase in net interest income $ 7,267 $ 1,199 $ 8,466 $ 5,501 $ ( 662 ) $ 4,839 2015 v. 2014 net interest income for the twelve months ended december 31 , 2015 was $ 30.8 million , an increase of $ 8.5 million , or 38.0 % , compared to $ 22.3 million for the twelve months ended december 31 , 2014 . net interest margin was 2.85 % for the twelve months ended december 31 , 2015 compared to 2.65 % for the twelve months ended december 31 , 2014 . the increases in net interest income and net interest margin were primarily driven by an increase in average interest-earning assets of $ 236.6 million , or 28.1 % , for the twelve months ended december 31 , 2015 compared to the twelve months ended december 31 , 2014 , as well as changes in the composition of the company 's balance sheet , which resulted in an increase in the yield earned on interest-earning assets and a decrease in the cost of funds related to interest-bearing liabilities . the increase in net interest income for the twelve months ended december 31 , 2015 , compared to the twelve months ended december 31 , 2014 , was also due to a $ 10.2 million , or 32.8 % , increase in total interest income to $ 41.4 million for the twelve months ended december 31 , 2015 compared to $ 31.2 million for the twelve months ended december 31 , 2014 . the increase in total interest income was partially offset by a $ 1.8 million , or 19.8 % , increase in total interest expense to $ 10.7 million for the twelve months ended december 31 , 2015 compared to $ 8.9 million for the twelve months ended december 31 , 2014 . the increase in total interest income was due primarily to an increase in interest earned on loans resulting from an increase of $ 222.3 million , or 35.2 % , in the average balance of loans , including loans held-for-sale , as well as an increase in interest earned on securities resulting from an increase of $ 28.1 million , or 18.3 % , in the average balance of securities for the twelve months ended december 31 , 2015 compared to the twelve months ended december 31 , 2014 . the increase in total interest income was also due to a 21 basis point ( “ bp ” ) increase in the yield earned on the securities portfolio , partially offset by a decline in the yield earned on loans , including loans held-for-sale , of 7 bps . the increase in total interest expense was driven primarily by an increase in interest expense related to interest-bearing deposits as a result of a $ 131.1 million , or 18.5 % , increase in the average balance of interest-bearing deposits for the twelve months ended december 31 , 2015 compared to the twelve months ended december 31 , 2014 , partially offset by a decline of 4 bps in the cost of funds related to these deposits . interest expense related to other borrowed funds also contributed to the increase in total interest expense , due to a $ 94.3 million , or 207.5 % , increase in the average balance of other borrowed funds for the twelve months ended december 31 , 2015 compared to the twelve months ended december 31 , 2014 , partially offset by a decline of 142 bps in the cost of other borrowed funds . 27 2014 v. 2013 net interest income for the twelve months ended december 31 , 2014 was $ 22.3 million , an increase of $ 4.8 million , or 27.7 % , compared to $ 17.4 million for the twelve months ended december 31 , 2013 . net interest margin was 2.65 % for the twelve months ended december 31 , 2014 compared to 2.67 % for the twelve months ended december 31 , 2013 . the increase in net interest income was primarily driven by an increase in average interest-earning assets of $ 187.2 million , or 28.6 % , for the twelve months ended december 31 , 2014 compared to the twelve months ended december 31 , 2013 . story_separator_special_tag as of december 31 , 2015 and 2014 , all of the company 's investment securities were classified as available-for-sale . the carrying values of available-for-sale investment securities are adjusted for unrealized gains or losses as a valuation allowance and any gain or loss is reported on an after-tax basis as a component of other comprehensive income ( loss ) . the company periodically evaluates each available-for-sale security in an unrealized loss position to determine if the impairment is temporary or other-than-temporary . as of december 31 , 2015 , the unrealized losses in the company 's investment securities portfolio were due solely to interest rate changes . the company has the ability and intent to hold all investment securities with identified impairments resulting from interest rate changes to the earlier of the forecasted recovery or the maturity of the underlying investment security . as of december 31 , 2015 , the company did not have any investment securities of a single issuer , which were not governmental or government-sponsored , that exceeded 10 % of shareholders ' equity . the following tables present the amortized cost and approximate fair value of the company 's investment securities portfolio by security type as of the end of the last five years . replace_table_token_14_th 34 the approximate fair value of investment securities available-for-sale increased $ 76.2 million , or 55.4 % , to $ 213.7 million as of december 31 , 2015 compared to $ 137.5 million as of december 31 , 2014 . the increase was due primarily to increases of $ 24.2 million in u.s. government-sponsored agencies , $ 21.5 million in municipal securities , $ 14.4 million in asset-backed securities and $ 19.1 million in corporate securities , partially offset by a decrease of $ 4.0 million in mortgage-backed securities . during the twelve months ended december 31 , 2015 , the company deployed funds generated through deposit growth to purchase additional securities to further diversify the securities portfolio and enhance net interest income , while supporting liquidity and interest rate risk management . investment maturities the following table summarizes the contractual maturity schedule of the company 's investment securities at their amortized cost and their weighted average yields at december 31 , 2015 . 1 year or less more than 1 year to 5 years more than 5 years to 10 years more than 10 years total ( dollars in thousands ) amortized cost wtd . avg . yield amortized cost wtd . avg . yield amortized cost wtd . avg . yield amortized cost wtd . avg . yield amortized cost wtd . avg . yield securities available for sale : u.s. government-sponsored agencies $ — — % $ 487 3.75 % $ 14,198 2.18 % $ 23,408 2.34 % $ 38,093 2.30 % municipal securities — — % — — % 1,160 2.50 % 19,931 3.10 % 21,091 3.07 % mortgage-backed securities — — % — — % 44,433 1.60 % 69,515 2.14 % 113,948 1.93 % asset-backed securities — — % — — % 5,083 2.27 % 14,361 2.60 % 19,444 2.51 % corporate securities — — % — — % 10,000 3.50 % 10,000 4.00 % 20,000 3.75 % total securities available for sale 1 $ — — % $ 487 3.75 % $ 74,874 2.02 % $ 137,215 2.50 % $ 212,576 2.33 % _ 1 a $ 3.0 million investment security has been excluded from this table because the security does not have a maturity date . deposits the following table presents the composition of the company 's deposit base as of the end of the last five years . replace_table_token_15_th total deposits increased $ 197.5 million , or 26.0 % , to $ 956.1 million as of december 31 , 2015 as compared to $ 758.6 million as of december 31 , 2014 . this increase was due primarily to increases of $ 109.5 million , or 30.3 % , in certificates of deposit , $ 74.7 million , or 28.0 % , in money market accounts , $ 10.0 million , or 13.5 % , in interest-bearing demand deposits , $ 2.0 million , or 9.8 % , in regular savings accounts , and $ 1.9 million , or 8.8 % , in noninterest-bearing deposits . 35 the following tables present contractual interest rates paid on time deposits , their scheduled maturities , and the scheduled maturities for time deposits $ 100,000 or greater . time deposits replace_table_token_16_th time deposit maturities at december 31 , 2015 replace_table_token_17_th time deposit maturities of $ 100,000 or greater replace_table_token_18_th federal home loan bank advances although deposits are the primary source of funds for our lending and investment activities and for general business purposes , we may obtain advances from the fhlb as an alternative to retail and commercial deposits . the following table is a summary of fhlb borrowings for the periods indicated . replace_table_token_19_th 36 story_separator_special_tag critical accounting policies and estimates allowance for loan losses . we believe the allowance for loan losses is the critical accounting policy that requires the most significant judgments and assumptions used in the preparation of our consolidated financial statements . an estimate of potential losses inherent in the loan portfolio is determined and an allowance for those losses is established by considering factors including historical loss rates , expected cash flows , and estimated collateral values . the allowance for loan losses represents management 's best estimate of losses inherent in the existing loan portfolio . the allowance for loan losses is increased by the provision for loan losses charged to expense and reduced by loans charged off , net of recoveries . management evaluates the allowance for loan losses quarterly . if the underlying assumptions later prove to be inaccurate based on subsequent loss evaluations , the allowance for loan losses is adjusted . 38 management estimates the appropriate level of allowance for loan losses by separately evaluating impaired and non-impaired loans . a specific

liquidity and capital resources while the company believes it has sufficient liquidity and capital resources to meet its cash and capital expenditure requirements for at least the next twelve months , including any cash dividends it may pay , the company intends to continue pursuing its growth strategy , which may require additional capital . if the company is unable to secure such capital at favorable terms , its ability to execute its growth strategy could be adversely affected . liquidity management is the process used by the company to manage the continuing flow of funds necessary to meet its financial commitments on a timely basis and at a reasonable cost while also maintaining safe and sound operations . liquidity , represented by cash and investment securities , is a product of the company 's operating , investing and financing activities . the primary sources of funds are deposits , principal and interest payments on loans and investment securities , maturing loans and investment securities , access to wholesale funding sources and collateralized borrowings . while scheduled payments and maturities of loans and investment securities are relatively predictable sources of funds , deposit flows are greatly influenced by interest rates , general economic conditions and competition . therefore , the company supplements deposit growth and enhances interest rate risk management through borrowings , which are generally advances from the fhlb . the company maintains cash and investment securities that qualify as liquid assets to maintain adequate liquidity to ensure safe and sound operations and meet its financial commitments . at december 31 , 2015 , on a consolidated basis , the company had $ 239.9 million in cash and cash equivalents , interest-bearing time deposits and investment securities available-for-sale and $ 36.5 million in loans held-for-sale that were generally available for its cash needs . the company can also generate funds from wholesale funding sources and collateralized borrowings .


 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 and capital resources while the company believes it has sufficient liquidity and capital resources to meet its cash and capital expenditure requirements for at least the next twelve months , including any cash dividends it may pay , the company intends to continue pursuing its growth strategy , which may require additional capital . if the company is unable to secure such capital at favorable terms , its ability to execute its growth strategy could be adversely affected . liquidity management is the process used by the company to manage the continuing flow of funds necessary to meet its financial commitments on a timely basis and at a reasonable cost while also maintaining safe and sound operations . liquidity , represented by cash and investment securities , is a product of the company 's operating , investing and financing activities . the primary sources of funds are deposits , principal and interest payments on loans and investment securities , maturing loans and investment securities , access to wholesale funding sources and collateralized borrowings . while scheduled payments and maturities of loans and investment securities are relatively predictable sources of funds , deposit flows are greatly influenced by interest rates , general economic conditions and competition . therefore , the company supplements deposit growth and enhances interest rate risk management through borrowings , which are generally advances from the fhlb . the company maintains cash and investment securities that qualify as liquid assets to maintain adequate liquidity to ensure safe and sound operations and meet its financial commitments . at december 31 , 2015 , on a consolidated basis , the company had $ 239.9 million in cash and cash equivalents , interest-bearing time deposits and investment securities available-for-sale and $ 36.5 million in loans held-for-sale that were generally available for its cash needs . the company can also generate funds from wholesale funding sources and collateralized borrowings .
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 Suspicious Activity Report : replace_table_token_5_th 1 yield on total interest-earning assets minus cost of total interest-bearing liabilities 2 net interest income divided by average interest-earning assets 26 rate/volume analysis the following table illustrates the impact of changes in the volume of interest-earning assets and interest-bearing liabilities and interest rates on net interest income for the periods indicated . the change in interest not due solely to volume or rate has been allocated in proportion to the absolute dollar amounts of the change in each . rate/volume analysis of net interest income twelve months ended december 31 , 2015 vs. december 31 , 2014 due to changes in twelve months ended december 31 , 2014 vs. december 31 , 2013 due to changes in ( amounts in thousands ) volume rate net volume rate net interest income loans , including loans held-for-sale $ 9,624 $ ( 450 ) $ 9,174 $ 8,750 $ ( 1,718 ) $ 7,032 securities – taxable 417 275 692 301 ( 156 ) 145 securities – non-taxable 258 ( 4 ) 254 ( 1,381 ) ( 172 ) ( 1,553 ) other earning assets ( 71 ) 183 112 84 ( 29 ) 55 total 10,228 4 10,232 7,754 ( 2,075 ) 5,679 interest expense interest-bearing deposits 1,390 ( 288 ) 1,102 1,803 ( 1,011 ) 792 other borrowed funds 1,571 ( 907 ) 664 450 ( 402 ) 48 total 2,961 ( 1,195 ) 1,766 2,253 ( 1,413 ) 840 increase in net interest income $ 7,267 $ 1,199 $ 8,466 $ 5,501 $ ( 662 ) $ 4,839 2015 v. 2014 net interest income for the twelve months ended december 31 , 2015 was $ 30.8 million , an increase of $ 8.5 million , or 38.0 % , compared to $ 22.3 million for the twelve months ended december 31 , 2014 . net interest margin was 2.85 % for the twelve months ended december 31 , 2015 compared to 2.65 % for the twelve months ended december 31 , 2014 . the increases in net interest income and net interest margin were primarily driven by an increase in average interest-earning assets of $ 236.6 million , or 28.1 % , for the twelve months ended december 31 , 2015 compared to the twelve months ended december 31 , 2014 , as well as changes in the composition of the company 's balance sheet , which resulted in an increase in the yield earned on interest-earning assets and a decrease in the cost of funds related to interest-bearing liabilities . the increase in net interest income for the twelve months ended december 31 , 2015 , compared to the twelve months ended december 31 , 2014 , was also due to a $ 10.2 million , or 32.8 % , increase in total interest income to $ 41.4 million for the twelve months ended december 31 , 2015 compared to $ 31.2 million for the twelve months ended december 31 , 2014 . the increase in total interest income was partially offset by a $ 1.8 million , or 19.8 % , increase in total interest expense to $ 10.7 million for the twelve months ended december 31 , 2015 compared to $ 8.9 million for the twelve months ended december 31 , 2014 . the increase in total interest income was due primarily to an increase in interest earned on loans resulting from an increase of $ 222.3 million , or 35.2 % , in the average balance of loans , including loans held-for-sale , as well as an increase in interest earned on securities resulting from an increase of $ 28.1 million , or 18.3 % , in the average balance of securities for the twelve months ended december 31 , 2015 compared to the twelve months ended december 31 , 2014 . the increase in total interest income was also due to a 21 basis point ( “ bp ” ) increase in the yield earned on the securities portfolio , partially offset by a decline in the yield earned on loans , including loans held-for-sale , of 7 bps . the increase in total interest expense was driven primarily by an increase in interest expense related to interest-bearing deposits as a result of a $ 131.1 million , or 18.5 % , increase in the average balance of interest-bearing deposits for the twelve months ended december 31 , 2015 compared to the twelve months ended december 31 , 2014 , partially offset by a decline of 4 bps in the cost of funds related to these deposits . interest expense related to other borrowed funds also contributed to the increase in total interest expense , due to a $ 94.3 million , or 207.5 % , increase in the average balance of other borrowed funds for the twelve months ended december 31 , 2015 compared to the twelve months ended december 31 , 2014 , partially offset by a decline of 142 bps in the cost of other borrowed funds . 27 2014 v. 2013 net interest income for the twelve months ended december 31 , 2014 was $ 22.3 million , an increase of $ 4.8 million , or 27.7 % , compared to $ 17.4 million for the twelve months ended december 31 , 2013 . net interest margin was 2.65 % for the twelve months ended december 31 , 2014 compared to 2.67 % for the twelve months ended december 31 , 2013 . the increase in net interest income was primarily driven by an increase in average interest-earning assets of $ 187.2 million , or 28.6 % , for the twelve months ended december 31 , 2014 compared to the twelve months ended december 31 , 2013 . story_separator_special_tag as of december 31 , 2015 and 2014 , all of the company 's investment securities were classified as available-for-sale . the carrying values of available-for-sale investment securities are adjusted for unrealized gains or losses as a valuation allowance and any gain or loss is reported on an after-tax basis as a component of other comprehensive income ( loss ) . the company periodically evaluates each available-for-sale security in an unrealized loss position to determine if the impairment is temporary or other-than-temporary . as of december 31 , 2015 , the unrealized losses in the company 's investment securities portfolio were due solely to interest rate changes . the company has the ability and intent to hold all investment securities with identified impairments resulting from interest rate changes to the earlier of the forecasted recovery or the maturity of the underlying investment security . as of december 31 , 2015 , the company did not have any investment securities of a single issuer , which were not governmental or government-sponsored , that exceeded 10 % of shareholders ' equity . the following tables present the amortized cost and approximate fair value of the company 's investment securities portfolio by security type as of the end of the last five years . replace_table_token_14_th 34 the approximate fair value of investment securities available-for-sale increased $ 76.2 million , or 55.4 % , to $ 213.7 million as of december 31 , 2015 compared to $ 137.5 million as of december 31 , 2014 . the increase was due primarily to increases of $ 24.2 million in u.s. government-sponsored agencies , $ 21.5 million in municipal securities , $ 14.4 million in asset-backed securities and $ 19.1 million in corporate securities , partially offset by a decrease of $ 4.0 million in mortgage-backed securities . during the twelve months ended december 31 , 2015 , the company deployed funds generated through deposit growth to purchase additional securities to further diversify the securities portfolio and enhance net interest income , while supporting liquidity and interest rate risk management . investment maturities the following table summarizes the contractual maturity schedule of the company 's investment securities at their amortized cost and their weighted average yields at december 31 , 2015 . 1 year or less more than 1 year to 5 years more than 5 years to 10 years more than 10 years total ( dollars in thousands ) amortized cost wtd . avg . yield amortized cost wtd . avg . yield amortized cost wtd . avg . yield amortized cost wtd . avg . yield amortized cost wtd . avg . yield securities available for sale : u.s. government-sponsored agencies $ — — % $ 487 3.75 % $ 14,198 2.18 % $ 23,408 2.34 % $ 38,093 2.30 % municipal securities — — % — — % 1,160 2.50 % 19,931 3.10 % 21,091 3.07 % mortgage-backed securities — — % — — % 44,433 1.60 % 69,515 2.14 % 113,948 1.93 % asset-backed securities — — % — — % 5,083 2.27 % 14,361 2.60 % 19,444 2.51 % corporate securities — — % — — % 10,000 3.50 % 10,000 4.00 % 20,000 3.75 % total securities available for sale 1 $ — — % $ 487 3.75 % $ 74,874 2.02 % $ 137,215 2.50 % $ 212,576 2.33 % _ 1 a $ 3.0 million investment security has been excluded from this table because the security does not have a maturity date . deposits the following table presents the composition of the company 's deposit base as of the end of the last five years . replace_table_token_15_th total deposits increased $ 197.5 million , or 26.0 % , to $ 956.1 million as of december 31 , 2015 as compared to $ 758.6 million as of december 31 , 2014 . this increase was due primarily to increases of $ 109.5 million , or 30.3 % , in certificates of deposit , $ 74.7 million , or 28.0 % , in money market accounts , $ 10.0 million , or 13.5 % , in interest-bearing demand deposits , $ 2.0 million , or 9.8 % , in regular savings accounts , and $ 1.9 million , or 8.8 % , in noninterest-bearing deposits . 35 the following tables present contractual interest rates paid on time deposits , their scheduled maturities , and the scheduled maturities for time deposits $ 100,000 or greater . time deposits replace_table_token_16_th time deposit maturities at december 31 , 2015 replace_table_token_17_th time deposit maturities of $ 100,000 or greater replace_table_token_18_th federal home loan bank advances although deposits are the primary source of funds for our lending and investment activities and for general business purposes , we may obtain advances from the fhlb as an alternative to retail and commercial deposits . the following table is a summary of fhlb borrowings for the periods indicated . replace_table_token_19_th 36 story_separator_special_tag critical accounting policies and estimates allowance for loan losses . we believe the allowance for loan losses is the critical accounting policy that requires the most significant judgments and assumptions used in the preparation of our consolidated financial statements . an estimate of potential losses inherent in the loan portfolio is determined and an allowance for those losses is established by considering factors including historical loss rates , expected cash flows , and estimated collateral values . the allowance for loan losses represents management 's best estimate of losses inherent in the existing loan portfolio . the allowance for loan losses is increased by the provision for loan losses charged to expense and reduced by loans charged off , net of recoveries . management evaluates the allowance for loan losses quarterly . if the underlying assumptions later prove to be inaccurate based on subsequent loss evaluations , the allowance for loan losses is adjusted . 38 management estimates the appropriate level of allowance for loan losses by separately evaluating impaired and non-impaired loans . a specific

