Call reports 2013
CUMBERLAND SECURITY BANK, INC. — 2013
What CUMBERLAND SECURITY BANK, INC. 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 | 162,424,000 | 162,508,000 | 160,867,000 | 161,239,000 |
| Total loans | 118,836,000 | 121,515,000 | 121,836,000 | 120,145,000 |
| Allowance for loan losses | 4,535,000 | 4,658,000 | 4,033,000 | 4,483,000 |
| Securities available for sale | 20,663,000 | 21,239,000 | 20,219,000 | 22,080,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,361,000 | 136,646,000 | 134,140,000 | 135,301,000 |
| Interest-bearing deposits | 90,382,000 | 90,093,000 | 88,477,000 | 88,009,000 |
| Noninterest-bearing deposits | 45,980,000 | 46,554,000 | 45,663,000 | 47,293,000 |
| Equity capital | 21,658,000 | 21,366,000 | 22,033,000 | 21,521,000 |
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 | 1,811,000 | 3,645,000 | 5,465,000 | 7,264,000 |
| Interest expense | 126,000 | 238,000 | 335,000 | 426,000 |
| Net interest income | 1,685,000 | 3,407,000 | 5,130,000 | 6,838,000 |
| Noninterest income | 671,000 | 1,326,000 | 1,847,000 | 2,421,000 |
| Noninterest expense | 1,303,000 | 2,604,000 | 3,910,000 | 5,185,000 |
| Provision for loan losses | 130,000 | 220,000 | 310,000 | 765,000 |
| Pretax income | 923,000 | 1,909,000 | 2,757,000 | 3,309,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 923,000 | 1,909,000 | 2,757,000 | 3,309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,985,000 | 20,975,000 | 21,629,000 | 21,186,000 |
| Total capital | 22,485,000 | 22,531,000 | 23,140,000 | 22,694,000 |
| Risk-weighted assets | 116,935,000 | 121,350,000 | 118,385,000 | 117,662,000 |