Call reports 2014
MADISON BANK OF MARYLAND — 2014
What MADISON BANK OF MARYLAND 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 | 144,209,000 | 140,873,000 | 136,127,000 | 150,686,000 |
| Total loans | 112,478,000 | 110,627,000 | 107,513,000 | 103,667,000 |
| Allowance for loan losses | 1,649,000 | 1,623,000 | 1,771,000 | 1,731,000 |
| Securities available for sale | 608,000 | 605,000 | 564,000 | 502,000 |
| Securities held to maturity | 14,920,000 | 14,616,000 | 14,390,000 | 14,139,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,384,000 | 104,005,000 | 100,528,000 | 106,944,000 |
| Interest-bearing deposits | 106,516,000 | 103,066,000 | 99,592,000 | 97,606,000 |
| Noninterest-bearing deposits | 868,000 | 939,000 | 936,000 | 9,338,000 |
| Equity capital | 18,582,000 | 18,608,000 | 17,348,000 | 25,761,000 |
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 | 1,298,000 | 2,621,000 | 3,887,000 | 5,122,000 |
| Interest expense | 345,000 | 681,000 | 1,012,000 | 1,342,000 |
| Net interest income | 953,000 | 1,940,000 | 2,875,000 | 3,780,000 |
| Noninterest income | 152,000 | 176,000 | 196,000 | 263,000 |
| Noninterest expense | 989,000 | 1,971,000 | 3,060,000 | 4,086,000 |
| Provision for loan losses | -5,000 | -10,000 | 810,000 | 810,000 |
| Pretax income | 121,000 | 155,000 | -799,000 | -853,000 |
| Income tax | 46,000 | 60,000 | 363,000 | 295,000 |
| Net income | 75,000 | 95,000 | -1,162,000 | -1,148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,226,000 | 18,246,000 | 17,332,000 | 25,746,000 |
| Total capital | 19,272,000 | 19,282,000 | 18,335,000 | 26,739,000 |
| Risk-weighted assets | 83,056,000 | 82,310,000 | 79,447,000 | 78,722,000 |