Call reports 2014
CUMBERLAND SECURITY BANK, INC. — 2014
What CUMBERLAND SECURITY BANK, INC. 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 | 162,362,000 | 166,355,000 | 160,074,000 | 164,068,000 |
| Total loans | 118,445,000 | 122,516,000 | 126,108,000 | 129,232,000 |
| Allowance for loan losses | 4,504,000 | 4,568,000 | 4,570,000 | 4,580,000 |
| Securities available for sale | 22,554,000 | 23,623,000 | 23,285,000 | 20,754,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,064,000 | 138,549,000 | 133,354,000 | 137,610,000 |
| Interest-bearing deposits | 91,946,000 | 89,057,000 | 85,111,000 | 90,209,000 |
| Noninterest-bearing deposits | 44,118,000 | 49,492,000 | 48,243,000 | 47,402,000 |
| Equity capital | 21,943,000 | 22,020,000 | 22,428,000 | 22,255,000 |
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 | 1,736,000 | 3,536,000 | 5,378,000 | 7,259,000 |
| Interest expense | 89,000 | 172,000 | 251,000 | 328,000 |
| Net interest income | 1,647,000 | 3,364,000 | 5,127,000 | 6,931,000 |
| Noninterest income | 483,000 | 1,016,000 | 1,567,000 | 2,083,000 |
| Noninterest expense | 1,300,000 | 2,617,000 | 3,904,000 | 5,164,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 785,000 | 1,673,000 | 2,655,000 | 3,672,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 785,000 | 1,673,000 | 2,655,000 | 3,672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,576,000 | 21,619,000 | 22,082,000 | 22,005,000 |
| Total capital | 23,056,000 | 23,180,000 | 23,670,000 | 23,650,000 |
| Risk-weighted assets | 115,398,000 | 121,869,000 | 124,081,000 | 128,626,000 |