Call reports 2013
FOREST COMMERCIAL BANK — 2013
What FOREST COMMERCIAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 138,452,000 | 143,122,000 | 179,143,000 | 175,199,000 |
| Total loans | 108,923,000 | 112,175,000 | 117,967,000 | 119,819,000 |
| Allowance for loan losses | 1,516,000 | 1,550,000 | 1,630,000 | 1,644,000 |
| Securities available for sale | 15,733,000 | 16,664,000 | 17,403,000 | 20,029,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,015,000 | 114,049,000 | 149,503,000 | 145,387,000 |
| Interest-bearing deposits | 97,673,000 | 100,108,000 | 128,052,000 | 124,703,000 |
| Noninterest-bearing deposits | 14,342,000 | 13,941,000 | 21,451,000 | 20,684,000 |
| Equity capital | 19,414,000 | 19,299,000 | 19,105,000 | 18,941,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,457,000 | 2,897,000 | 4,425,000 | 5,965,000 |
| Interest expense | 214,000 | 420,000 | 645,000 | 854,000 |
| Net interest income | 1,243,000 | 2,477,000 | 3,780,000 | 5,111,000 |
| Noninterest income | 460,000 | 777,000 | 1,113,000 | 1,501,000 |
| Noninterest expense | 1,530,000 | 2,881,000 | 4,402,000 | 6,121,000 |
| Provision for loan losses | -12,000 | 21,000 | 102,000 | 116,000 |
| Pretax income | 197,000 | 363,000 | 400,000 | 388,000 |
| Income tax | 78,000 | 139,000 | 162,000 | 210,000 |
| Net income | 119,000 | 224,000 | 238,000 | 178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,083,000 | 19,078,000 | 19,101,000 | 18,904,000 |
| Total capital | 20,489,000 | 20,612,000 | 20,728,000 | 20,548,000 |
| Risk-weighted assets | 118,044,000 | 122,600,000 | 130,227,000 | 132,480,000 |