Call reports 2015
MODERN BANK, NATIONAL ASSOCIATION — 2015
What MODERN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 686,653,000 | 688,046,000 | 675,699,000 | 723,869,000 |
| Total loans | 406,942,000 | 403,497,000 | 409,888,000 | 444,965,000 |
| Allowance for loan losses | 6,489,000 | 6,468,000 | 5,875,000 | 5,944,000 |
| Securities available for sale | 85,229,000 | 79,673,000 | 73,746,000 | 70,215,000 |
| Securities held to maturity | 163,844,000 | 159,528,000 | 150,404,000 | 147,309,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 547,444,000 | 551,369,000 | 537,834,000 | 564,879,000 |
| Interest-bearing deposits | 523,378,000 | 531,698,000 | 514,377,000 | 547,742,000 |
| Noninterest-bearing deposits | 24,066,000 | 19,671,000 | 23,457,000 | 17,137,000 |
| Equity capital | 68,501,000 | 68,776,000 | 71,494,000 | 80,076,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 5,370,000 | 10,713,000 | 16,223,000 | 21,642,000 |
| Interest expense | 960,000 | 1,937,000 | 2,917,000 | 3,932,000 |
| Net interest income | 4,410,000 | 8,776,000 | 13,306,000 | 17,710,000 |
| Noninterest income | 175,000 | 334,000 | 660,000 | 799,000 |
| Noninterest expense | 4,039,000 | 7,810,000 | 11,606,000 | 15,136,000 |
| Provision for loan losses | 92,000 | -14,000 | -605,000 | -592,000 |
| Pretax income | 454,000 | 1,314,000 | 2,965,000 | 3,965,000 |
| Income tax | 60,000 | 90,000 | -51,000 | -7,111,000 |
| Net income | 394,000 | 1,224,000 | 3,016,000 | 11,076,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,734,000 | 68,888,000 | 70,903,000 | 73,103,000 |
| Total capital | 73,604,000 | 74,915,000 | 76,799,000 | 79,126,000 |
| Risk-weighted assets | 468,966,000 | 481,176,000 | 471,243,000 | 515,446,000 |