Call reports 2014
ISLANDERS BANK — 2014
What ISLANDERS 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 | 239,584,000 | 240,237,000 | 250,897,000 | 246,970,000 |
| Total loans | 185,130,000 | 184,373,000 | 184,423,000 | 184,587,000 |
| Allowance for loan losses | 2,558,000 | 2,561,000 | 2,262,000 | 2,238,000 |
| Securities available for sale | 5,871,000 | 6,629,000 | 9,619,000 | 9,692,000 |
| Securities held to maturity | 2,678,000 | 10,167,000 | 10,726,000 | 13,337,000 |
| Trading assets | 882,000 | 885,000 | 880,000 | 619,000 |
| Total deposits | 205,442,000 | 205,197,000 | 215,525,000 | 211,623,000 |
| Interest-bearing deposits | 146,914,000 | 145,340,000 | 149,969,000 | 147,842,000 |
| Noninterest-bearing deposits | 58,528,000 | 59,857,000 | 65,556,000 | 63,781,000 |
| Equity capital | 33,297,000 | 33,682,000 | 34,059,000 | 34,421,000 |
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 | 2,454,000 | 4,971,000 | 7,507,000 | 10,083,000 |
| Interest expense | 122,000 | 236,000 | 339,000 | 436,000 |
| Net interest income | 2,332,000 | 4,735,000 | 7,168,000 | 9,647,000 |
| Noninterest income | 213,000 | 513,000 | 832,000 | 1,135,000 |
| Noninterest expense | 1,539,000 | 3,133,000 | 4,747,000 | 6,368,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,006,000 | 2,115,000 | 3,253,000 | 4,414,000 |
| Income tax | 340,000 | 692,000 | 1,064,000 | 1,444,000 |
| Net income | 666,000 | 1,423,000 | 2,189,000 | 2,970,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,902,000 | 33,376,000 | 33,850,000 | 34,332,000 |
| Total capital | 35,235,000 | 35,697,000 | 36,132,000 | 36,590,000 |
| Risk-weighted assets | 186,369,000 | 185,384,000 | 185,824,000 | 183,667,000 |