Call reports 2014
FIRST FEDERAL SAVINGS BANK OF LINCOLNTON — 2014
What FIRST FEDERAL SAVINGS BANK OF LINCOLNTON 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 | 333,788,000 | 340,346,000 | 340,411,000 | 344,174,000 |
| Total loans | 270,400,000 | 275,012,000 | 277,354,000 | 279,093,000 |
| Allowance for loan losses | 2,355,000 | 2,321,000 | 2,321,000 | 2,387,000 |
| Securities available for sale | 44,785,000 | 39,261,000 | 36,417,000 | 34,660,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 265,830,000 | 271,600,000 | 271,479,000 | 275,192,000 |
| Interest-bearing deposits | 256,868,000 | 261,485,000 | 262,479,000 | 265,772,000 |
| Noninterest-bearing deposits | 8,962,000 | 10,115,000 | 9,000,000 | 9,420,000 |
| Equity capital | 46,534,000 | 47,220,000 | 47,695,000 | 47,396,000 |
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 | 3,429,000 | 7,029,000 | 10,516,000 | 14,143,000 |
| Interest expense | 651,000 | 1,391,000 | 2,151,000 | 2,915,000 |
| Net interest income | 2,778,000 | 5,638,000 | 8,365,000 | 11,228,000 |
| Noninterest income | 56,000 | 109,000 | 127,000 | 233,000 |
| Noninterest expense | 2,318,000 | 4,266,000 | 7,162,000 | 9,280,000 |
| Provision for loan losses | -3,000 | -4,000 | -6,000 | -32,000 |
| Pretax income | 505,000 | 1,422,000 | 1,333,000 | 2,188,000 |
| Income tax | 80,000 | 527,000 | 491,000 | 1,659,000 |
| Net income | 425,000 | 895,000 | 842,000 | 529,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,086,000 | 47,606,000 | 47,591,000 | 47,302,000 |
| Total capital | 49,441,000 | 49,927,000 | 49,912,000 | 49,689,000 |
| Risk-weighted assets | 195,365,000 | 196,214,000 | 199,288,000 | 198,847,000 |