Call reports 2014
FOUR OAKS BANK & TRUST COMPANY — 2014
What FOUR OAKS BANK & TRUST COMPANY 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 | 815,348,000 | 832,871,000 | 837,442,000 | 820,454,000 |
| Total loans | 483,185,000 | 477,263,000 | 458,584,000 | 455,137,000 |
| Allowance for loan losses | 11,516,000 | 10,946,000 | 9,347,000 | 9,377,000 |
| Securities available for sale | 22,719,000 | 17,145,000 | 17,740,000 | 64,200,000 |
| Securities held to maturity | 94,227,000 | 90,272,000 | 85,774,000 | 81,583,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 651,281,000 | 666,863,000 | 665,983,000 | 665,142,000 |
| Interest-bearing deposits | 415,974,000 | 411,987,000 | 409,806,000 | 412,932,000 |
| Noninterest-bearing deposits | 235,307,000 | 254,876,000 | 256,177,000 | 252,210,000 |
| Equity capital | 46,599,000 | 49,730,000 | 60,509,000 | 61,566,000 |
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 | 7,451,000 | 14,898,000 | 22,259,000 | 28,827,000 |
| Interest expense | 1,738,000 | 3,474,000 | 5,217,000 | 6,874,000 |
| Net interest income | 5,713,000 | 11,424,000 | 17,042,000 | 21,953,000 |
| Noninterest income | 1,522,000 | 4,948,000 | 5,752,000 | 8,858,000 |
| Noninterest expense | 5,780,000 | 12,242,000 | 19,198,000 | 26,250,000 |
| Provision for loan losses | 0 | 0 | 7,954,000 | 7,954,000 |
| Pretax income | 1,579,000 | 4,344,000 | -4,093,000 | -3,128,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,579,000 | 4,344,000 | -4,093,000 | -3,128,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,325,000 | 49,102,000 | 59,833,000 | 60,810,000 |
| Total capital | 52,062,000 | 54,852,000 | 65,332,000 | 66,498,000 |
| Risk-weighted assets | 453,237,000 | 454,765,000 | 435,996,000 | 451,359,000 |