Call reports 2014
FIRST AND CITIZENS BANK — 2014
What FIRST AND CITIZENS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 123,967,000 | 122,939,000 | 123,354,000 | 125,405,000 |
| Total loans | 68,754,000 | 68,881,000 | 67,150,000 | 66,330,000 |
| Allowance for loan losses | 1,257,000 | 1,304,000 | 1,020,000 | 961,000 |
| Securities available for sale | 7,435,000 | 7,456,000 | 6,970,000 | 9,818,000 |
| Securities held to maturity | 4,000 | 4,000 | 4,000 | 4,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,872,000 | 108,683,000 | 108,891,000 | 111,073,000 |
| Interest-bearing deposits | 93,786,000 | 91,456,000 | 90,438,000 | 91,780,000 |
| Noninterest-bearing deposits | 16,086,000 | 17,227,000 | 18,453,000 | 19,293,000 |
| Equity capital | 13,790,000 | 13,950,000 | 14,120,000 | 14,177,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,211,000 | 2,410,000 | 3,611,000 | 4,811,000 |
| Interest expense | 190,000 | 372,000 | 554,000 | 730,000 |
| Net interest income | 1,021,000 | 2,038,000 | 3,057,000 | 4,081,000 |
| Noninterest income | 82,000 | 173,000 | 270,000 | 395,000 |
| Noninterest expense | 804,000 | 1,596,000 | 2,457,000 | 3,425,000 |
| Provision for loan losses | 50,000 | 100,000 | 100,000 | 201,000 |
| Pretax income | 249,000 | 515,000 | 770,000 | 850,000 |
| Income tax | 76,000 | 157,000 | 236,000 | 246,000 |
| Net income | 173,000 | 358,000 | 534,000 | 604,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,660,000 | 13,845,000 | 14,021,000 | 14,091,000 |
| Total capital | 14,340,000 | 14,531,000 | 14,685,000 | 14,752,000 |
| Risk-weighted assets | 53,813,000 | 54,260,000 | 52,736,000 | 52,557,000 |