Call reports 2014
M1 BANK — 2014
What M1 BANK 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 | 20,336,000 | 20,182,000 | 19,706,000 | 19,703,000 |
| Total loans | 11,869,000 | 11,574,000 | 11,028,000 | 10,788,000 |
| Allowance for loan losses | 298,000 | 281,000 | 284,000 | 289,000 |
| Securities available for sale | 2,618,000 | 2,766,000 | 3,258,000 | 3,005,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,057,000 | 18,882,000 | 18,492,000 | 18,538,000 |
| Interest-bearing deposits | 16,172,000 | 15,305,000 | 14,810,000 | 14,796,000 |
| Noninterest-bearing deposits | 2,885,000 | 3,577,000 | 3,682,000 | 3,742,000 |
| Equity capital | 1,244,000 | 1,255,000 | 1,157,000 | 1,139,000 |
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 | 198,000 | 390,000 | 584,000 | 769,000 |
| Interest expense | 21,000 | 43,000 | 62,000 | 80,000 |
| Net interest income | 177,000 | 347,000 | 522,000 | 689,000 |
| Noninterest income | 17,000 | 54,000 | -24,000 | -30,000 |
| Noninterest expense | 199,000 | 388,000 | 577,000 | 756,000 |
| Provision for loan losses | 11,000 | 20,000 | 20,000 | 20,000 |
| Pretax income | -16,000 | -7,000 | -99,000 | -117,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -16,000 | -7,000 | -99,000 | -117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,240,000 | 1,249,000 | 1,157,000 | 1,139,000 |
| Total capital | 1,397,000 | 1,399,000 | 1,300,000 | 1,278,000 |
| Risk-weighted assets | 12,457,000 | 11,893,000 | 11,299,000 | 10,936,000 |