for loans that are classified as impaired , an allowance is established when the discounted cash flows or collateral value of the impaired loan is lower than the carrying value of that loan . the general component covers non-impaired loans based on the company 's risk rating system and historical loss experience adjusted for qualitative factors . the company calculates its historical loss rates using the average of the last four quarterly 24-month periods . the company calculates and applies its historical loss rates by individual loan types in its portfolio . these historical loss rates are adjusted for qualitative and environmental factors . an unallocated component is maintained to cover uncertainties that the company believes have resulted in incurred losses that have not yet been allocated to specific elements of the general and specific components of the allowance for loan losses . such factors include uncertainties in economic conditions and in identifying triggering events that directly correlate to subsequent loss rates , changes in appraised value of underlying collateral , risk factors that have not yet manifested themselves in loss allocation factors and historical loss experience data that may not precisely correspond to the current portfolio or economic conditions . the unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio . the appropriate allowance level is estimated based upon factors and trends identified by the company as of the date of the filing of the financial statements . 47 when available information confirms that specific loans or portions thereof are uncollectible , identified amounts are charged against the allowance for loan losses . the existence of some or all of the following criteria will generally confirm that a loss has been incurred : the loan is significantly delinquent and the borrower has not demonstrated the ability or intent to bring the loan current ; the company has no recourse to the borrower , or if it does , the borrower has insufficient assets to pay the debt ; the estimated fair value of the loan collateral is significantly below the current loan balance , and there is little or no near-term prospect for improvement . management 's evaluation of the allowance for loan losses is based on ongoing , quarterly assessments of the known and inherent risks in the loan portfolio . loss factors are based on the company 's historical loss experience with additional consideration and adjustments made for changes in economic conditions , changes in the amount and composition of the loan portfolio , delinquency rates , changes in collateral values , seasoning of the loan portfolio , duration of current business cycle , a detailed analysis of impaired loans and other factors as deemed appropriate . these factors are evaluated on a quarterly basis . loss rates used by the company are affected as changes in these factors increase or decrease from quarter to quarter . the company also considers bank regulatory examination results and findings of credit examiners in its quarterly evaluation of the allowance for loan losses . a loan is considered impaired when it is probable that the company will be unable to collect all amounts ( principal and interest ) due according to the contractual terms of the original loan agreement . typically , factors used in determining if a loan is impaired include , but are not limited to , whether the loan is 90 days or more delinquent , internally designated as substandard or worse , on non-accrual status or represents a troubled debt restructuring ( `` tdr `` ) . the majority of the company 's impaired loans are considered collateral dependent . when a loan is considered collateral dependent , impairment is measured using the estimated value of the underlying collateral , less any prior liens , and when applicable , less estimated selling costs . for impaired loans that are not collateral dependent , impairment is measured using the present value of expected future cash flows , discounted at the loan 's original effective interest rate . when the net realizable value of the impaired loan is less than the recorded investment in the loan ( including accrued interest , net deferred loan fees or costs , and unamortized premium or discount ) , an impairment is recognized by adjusting an allocation of the allowance for loan losses . subsequent to the initial allocation of allowance to the individual loan , the company may conclude that it is appropriate to record a charge-off of the impaired portion of the loan . when a charge-off is recorded the loan balance is reduced and the specific allowance is eliminated . generally , when a collateral dependent loan is initially measured for impairment and does not have an appraisal performed in the last six months , the company obtains an updated market valuation . subsequently , the company generally obtains an updated market valuation on an annual basis . the valuation may occur more frequently if the company determines that there is an indication that the market value may have declined . investment valuation investment securities are classified as held to maturity when the company has the ability and positive intent to hold such securities to maturity . investment securities held to maturity are carried at amortized cost . unrealized losses due to fluctuations in fair value are recognized when it is determined that a credit related other than temporary decline in value has occurred . investment securities bought and held principally for the purpose of sale in the near term are classified as trading securities . securities that the company intends to hold for an indefinite period , but not necessarily to maturity are classified as available for sale . securities available for sale are reported at fair value . story_separator_special_tag goodwill was $ 25.6 million at march 31 , 2016 and 2015. the company performed its annual goodwill impairment test during the third quarter ended december 31 , 2015. the results of this test indicated that the company 's goodwill was not impaired . for additional information on our goodwill impairment testing , see `` goodwill valuation `` included in this item 7. deposit accounts increased $ 59.0 million to $ 779.8 million at march 31 , 2016 compared to $ 720.9 million at march 31 , 2015. the company had no wholesale-brokered deposits as of march 31 , 2016 or march 31 , 2015. core branch deposits accounted for 95.8 % of total deposits at march 31 , 2016 compared to 96.2 % at march 31 , 2015. the company plans to continue its focus on core deposits and on building customer relationships as opposed to obtaining deposits through the wholesale markets . 51 shareholders ' equity increased $ 4.5 million to $ 108.3 million at march 31 , 2016 from $ 103.8 million at march 31 , 2015. the increase was mainly attributable to net income of $ 6.4 million . partially offsetting this increase were cash dividends declared of $ 1.5 million for the year ended march 31 , 2016. additional paid-in capital and noncontrolling interest decreased by a total of $ 1.4 million primarily as a result of ramcorp 's purchase of the remaining shares from its noncontrolling interest owner during the quarter-ended december 31 , 2015. the purchase price of these shares was based on two appraisals of ramcorp . upon repurchase , these shares were retired . this transaction resulted in the bank 's ownership in ramcorp increasing from 90 % at september 30 , 2015 to 100 % at december 31 , 2015. goodwill valuation goodwill is initially recorded when the purchase price paid for an acquisition exceeds the estimated fair value of the net identified tangible and intangible assets acquired . goodwill is presumed to have an indefinite useful life and is tested , at least annually , for impairment at the reporting unit level . the company has two reporting units , the bank and ramcorp , for purposes of evaluating goodwill for impairment . all of the company 's goodwill has been allocated to the bank reporting unit . the company performs an annual review in the third quarter of each fiscal year , or more frequently if indications of potential impairment exist , to determine if the recorded goodwill is impaired . if the fair value exceeds the carrying value , goodwill at the reporting unit level is not considered impaired and no additional analysis is necessary . if the carrying value of the reporting unit is greater than its fair value , there is an indication that impairment may exist and additional analysis must be performed to measure the amount of impairment loss , if any . the amount of impairment is determined by comparing the implied fair value of the reporting unit 's goodwill to the carrying value of the goodwill in the same manner as if the reporting unit was being acquired in a business combination . specifically , the company would allocate the fair value to all of the assets and liabilities of the reporting unit , including unrecognized intangible assets , in a hypothetical analysis that would calculate the implied fair value of goodwill . if the implied fair value of goodwill is less than the recorded goodwill , the company would record an impairment charge for the difference . a significant amount of judgment is involved in determining if an indicator of impairment has occurred . such indicators may include , among others : a significant decline in our expected future cash flows ; a sustained , significant decline in our stock price and market capitalization ; a significant adverse change in legal factors or in the business climate ; adverse action or assessment by a regulator ; and unanticipated competition . any adverse change in these factors could have a significant impact on the recoverability of these assets and could have a material impact on the company 's consolidated financial statements . the company performed its annual goodwill impairment test during the quarter-ended december 31 , 2015. the goodwill impairment test involves a two-step process . step one of the goodwill impairment test estimates the fair value of the reporting unit utilizing the allocation of corporate value approach , the income approach and the market approach in order to derive an enterprise value of the company . the allocation of corporate value approach applies the aggregate market value of the company and divides it among the reporting units . a key assumption in this approach is the control premium applied to the aggregate market value . a control premium is utilized as the value of a company from the perspective of a controlling interest and is generally higher than the widely quoted market price per share . the company used an expected control premium of 30 % , which was based on comparable transactional history . the income approach uses a reporting unit 's projection of estimated operating results and cash flows that is discounted using a rate that reflects current market conditions . the projection uses management 's best estimates of economic and market conditions over the projected period including growth rates in loans and deposits , estimates of future expected changes in net interest margins and cash expenditures . assumptions used by the company in its discounted cash flow model ( income approach ) included an annual revenue growth rate that approximated 9.0 % , a net interest margin that approximated 4.2 % and a return on assets that ranged from 0.83 % to 1.24 % ( average of 1.06 % ) . in addition to utilizing the above projections of estimated operating results , key assumptions used to determine the fair value estimate under the income approach were the

liquidity and capital resources liquidity is essential to our business . the objective of the bank 's liquidity management is to maintain ample cash flows to meet obligations for depositor withdrawals , to fund the borrowing needs of loan customers , and to fund ongoing operations . core relationship deposits are the primary source of the bank 's liquidity . as such , the bank focuses on deposit relationships with local consumer and business clients who maintain multiple accounts and services at the bank . liquidity management is both a short and long-term responsibility of the company 's management . the company adjusts its investments in liquid assets based upon management 's assessment of ( i ) expected loan demand , ( ii ) projected loan sales , ( iii ) expected deposit flows , ( iv ) yields available on interest-bearing deposits and ( v ) its asset/liability management program objectives . excess liquidity is invested generally in interest-bearing overnight deposits and other short-term government and agency obligations . if the company requires funds beyond its ability to generate them internally , it has additional diversified and reliable sources of funds with the fhlb , the frb and other wholesale facilities . these sources of funds may be used on a long or short-term basis to compensate for a reduction in other sources of funds or on a long-term basis to support lending activities . the company 's primary sources of funds are customer deposits , proceeds from principal and interest payments on loans , proceeds from the sale of loans , maturing securities , fhlb advances and frb borrowings . while maturities and scheduled amortization of loans and securities are a predictable source of funds , deposit flows and prepayment of mortgage loans and mortgage-backed securities are greatly influenced by general interest rates , economic conditions and competition . management believes that its focus on core relationship deposits coupled with access to borrowing through reliable counterparties provides reasonable and prudent assurance that ample liquidity is available .


 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 liquidity is essential to our business . the objective of the bank 's liquidity management is to maintain ample cash flows to meet obligations for depositor withdrawals , to fund the borrowing needs of loan customers , and to fund ongoing operations . core relationship deposits are the primary source of the bank 's liquidity . as such , the bank focuses on deposit relationships with local consumer and business clients who maintain multiple accounts and services at the bank . liquidity management is both a short and long-term responsibility of the company 's management . the company adjusts its investments in liquid assets based upon management 's assessment of ( i ) expected loan demand , ( ii ) projected loan sales , ( iii ) expected deposit flows , ( iv ) yields available on interest-bearing deposits and ( v ) its asset/liability management program objectives . excess liquidity is invested generally in interest-bearing overnight deposits and other short-term government and agency obligations . if the company requires funds beyond its ability to generate them internally , it has additional diversified and reliable sources of funds with the fhlb , the frb and other wholesale facilities . these sources of funds may be used on a long or short-term basis to compensate for a reduction in other sources of funds or on a long-term basis to support lending activities . the company 's primary sources of funds are customer deposits , proceeds from principal and interest payments on loans , proceeds from the sale of loans , maturing securities , fhlb advances and frb borrowings . while maturities and scheduled amortization of loans and securities are a predictable source of funds , deposit flows and prepayment of mortgage loans and mortgage-backed securities are greatly influenced by general interest rates , economic conditions and competition . management believes that its focus on core relationship deposits coupled with access to borrowing through reliable counterparties provides reasonable and prudent assurance that ample liquidity is available .
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 Suspicious Activity Report : for loans that are classified as impaired , an allowance is established when the discounted cash flows or collateral value of the impaired loan is lower than the carrying value of that loan . the general component covers non-impaired loans based on the company 's risk rating system and historical loss experience adjusted for qualitative factors . the company calculates its historical loss rates using the average of the last four quarterly 24-month periods . the company calculates and applies its historical loss rates by individual loan types in its portfolio . these historical loss rates are adjusted for qualitative and environmental factors . an unallocated component is maintained to cover uncertainties that the company believes have resulted in incurred losses that have not yet been allocated to specific elements of the general and specific components of the allowance for loan losses . such factors include uncertainties in economic conditions and in identifying triggering events that directly correlate to subsequent loss rates , changes in appraised value of underlying collateral , risk factors that have not yet manifested themselves in loss allocation factors and historical loss experience data that may not precisely correspond to the current portfolio or economic conditions . the unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio . the appropriate allowance level is estimated based upon factors and trends identified by the company as of the date of the filing of the financial statements . 47 when available information confirms that specific loans or portions thereof are uncollectible , identified amounts are charged against the allowance for loan losses . the existence of some or all of the following criteria will generally confirm that a loss has been incurred : the loan is significantly delinquent and the borrower has not demonstrated the ability or intent to bring the loan current ; the company has no recourse to the borrower , or if it does , the borrower has insufficient assets to pay the debt ; the estimated fair value of the loan collateral is significantly below the current loan balance , and there is little or no near-term prospect for improvement . management 's evaluation of the allowance for loan losses is based on ongoing , quarterly assessments of the known and inherent risks in the loan portfolio . loss factors are based on the company 's historical loss experience with additional consideration and adjustments made for changes in economic conditions , changes in the amount and composition of the loan portfolio , delinquency rates , changes in collateral values , seasoning of the loan portfolio , duration of current business cycle , a detailed analysis of impaired loans and other factors as deemed appropriate . these factors are evaluated on a quarterly basis . loss rates used by the company are affected as changes in these factors increase or decrease from quarter to quarter . the company also considers bank regulatory examination results and findings of credit examiners in its quarterly evaluation of the allowance for loan losses . a loan is considered impaired when it is probable that the company will be unable to collect all amounts ( principal and interest ) due according to the contractual terms of the original loan agreement . typically , factors used in determining if a loan is impaired include , but are not limited to , whether the loan is 90 days or more delinquent , internally designated as substandard or worse , on non-accrual status or represents a troubled debt restructuring ( `` tdr `` ) . the majority of the company 's impaired loans are considered collateral dependent . when a loan is considered collateral dependent , impairment is measured using the estimated value of the underlying collateral , less any prior liens , and when applicable , less estimated selling costs . for impaired loans that are not collateral dependent , impairment is measured using the present value of expected future cash flows , discounted at the loan 's original effective interest rate . when the net realizable value of the impaired loan is less than the recorded investment in the loan ( including accrued interest , net deferred loan fees or costs , and unamortized premium or discount ) , an impairment is recognized by adjusting an allocation of the allowance for loan losses . subsequent to the initial allocation of allowance to the individual loan , the company may conclude that it is appropriate to record a charge-off of the impaired portion of the loan . when a charge-off is recorded the loan balance is reduced and the specific allowance is eliminated . generally , when a collateral dependent loan is initially measured for impairment and does not have an appraisal performed in the last six months , the company obtains an updated market valuation . subsequently , the company generally obtains an updated market valuation on an annual basis . the valuation may occur more frequently if the company determines that there is an indication that the market value may have declined . investment valuation investment securities are classified as held to maturity when the company has the ability and positive intent to hold such securities to maturity . investment securities held to maturity are carried at amortized cost . unrealized losses due to fluctuations in fair value are recognized when it is determined that a credit related other than temporary decline in value has occurred . investment securities bought and held principally for the purpose of sale in the near term are classified as trading securities . securities that the company intends to hold for an indefinite period , but not necessarily to maturity are classified as available for sale . securities available for sale are reported at fair value . story_separator_special_tag goodwill was $ 25.6 million at march 31 , 2016 and 2015. the company performed its annual goodwill impairment test during the third quarter ended december 31 , 2015. the results of this test indicated that the company 's goodwill was not impaired . for additional information on our goodwill impairment testing , see `` goodwill valuation `` included in this item 7. deposit accounts increased $ 59.0 million to $ 779.8 million at march 31 , 2016 compared to $ 720.9 million at march 31 , 2015. the company had no wholesale-brokered deposits as of march 31 , 2016 or march 31 , 2015. core branch deposits accounted for 95.8 % of total deposits at march 31 , 2016 compared to 96.2 % at march 31 , 2015. the company plans to continue its focus on core deposits and on building customer relationships as opposed to obtaining deposits through the wholesale markets . 51 shareholders ' equity increased $ 4.5 million to $ 108.3 million at march 31 , 2016 from $ 103.8 million at march 31 , 2015. the increase was mainly attributable to net income of $ 6.4 million . partially offsetting this increase were cash dividends declared of $ 1.5 million for the year ended march 31 , 2016. additional paid-in capital and noncontrolling interest decreased by a total of $ 1.4 million primarily as a result of ramcorp 's purchase of the remaining shares from its noncontrolling interest owner during the quarter-ended december 31 , 2015. the purchase price of these shares was based on two appraisals of ramcorp . upon repurchase , these shares were retired . this transaction resulted in the bank 's ownership in ramcorp increasing from 90 % at september 30 , 2015 to 100 % at december 31 , 2015. goodwill valuation goodwill is initially recorded when the purchase price paid for an acquisition exceeds the estimated fair value of the net identified tangible and intangible assets acquired . goodwill is presumed to have an indefinite useful life and is tested , at least annually , for impairment at the reporting unit level . the company has two reporting units , the bank and ramcorp , for purposes of evaluating goodwill for impairment . all of the company 's goodwill has been allocated to the bank reporting unit . the company performs an annual review in the third quarter of each fiscal year , or more frequently if indications of potential impairment exist , to determine if the recorded goodwill is impaired . if the fair value exceeds the carrying value , goodwill at the reporting unit level is not considered impaired and no additional analysis is necessary . if the carrying value of the reporting unit is greater than its fair value , there is an indication that impairment may exist and additional analysis must be performed to measure the amount of impairment loss , if any . the amount of impairment is determined by comparing the implied fair value of the reporting unit 's goodwill to the carrying value of the goodwill in the same manner as if the reporting unit was being acquired in a business combination . specifically , the company would allocate the fair value to all of the assets and liabilities of the reporting unit , including unrecognized intangible assets , in a hypothetical analysis that would calculate the implied fair value of goodwill . if the implied fair value of goodwill is less than the recorded goodwill , the company would record an impairment charge for the difference . a significant amount of judgment is involved in determining if an indicator of impairment has occurred . such indicators may include , among others : a significant decline in our expected future cash flows ; a sustained , significant decline in our stock price and market capitalization ; a significant adverse change in legal factors or in the business climate ; adverse action or assessment by a regulator ; and unanticipated competition . any adverse change in these factors could have a significant impact on the recoverability of these assets and could have a material impact on the company 's consolidated financial statements . the company performed its annual goodwill impairment test during the quarter-ended december 31 , 2015. the goodwill impairment test involves a two-step process . step one of the goodwill impairment test estimates the fair value of the reporting unit utilizing the allocation of corporate value approach , the income approach and the market approach in order to derive an enterprise value of the company . the allocation of corporate value approach applies the aggregate market value of the company and divides it among the reporting units . a key assumption in this approach is the control premium applied to the aggregate market value . a control premium is utilized as the value of a company from the perspective of a controlling interest and is generally higher than the widely quoted market price per share . the company used an expected control premium of 30 % , which was based on comparable transactional history . the income approach uses a reporting unit 's projection of estimated operating results and cash flows that is discounted using a rate that reflects current market conditions . the projection uses management 's best estimates of economic and market conditions over the projected period including growth rates in loans and deposits , estimates of future expected changes in net interest margins and cash expenditures . assumptions used by the company in its discounted cash flow model ( income approach ) included an annual revenue growth rate that approximated 9.0 % , a net interest margin that approximated 4.2 % and a return on assets that ranged from 0.83 % to 1.24 % ( average of 1.06 % ) . in addition to utilizing the above projections of estimated operating results , key assumptions used to determine the fair value estimate under the income approach were the

