Call reports 2014
QUALITY BANK — 2014
What QUALITY 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 | 27,400,000 | 24,653,000 | 26,550,000 | 29,107,000 |
| Total loans | 14,994,000 | 18,045,000 | 20,228,000 | 21,911,000 |
| Allowance for loan losses | 315,000 | 332,000 | 347,000 | 360,000 |
| Securities available for sale | 2,618,000 | 2,270,000 | 2,260,000 | 1,726,000 |
| Securities held to maturity | 9,000 | 8,000 | 8,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,842,000 | 22,084,000 | 23,955,000 | 26,490,000 |
| Interest-bearing deposits | 13,437,000 | 13,891,000 | 19,815,000 | 20,951,000 |
| Noninterest-bearing deposits | 11,405,000 | 8,193,000 | 4,140,000 | 5,539,000 |
| Equity capital | 2,530,000 | 2,545,000 | 2,571,000 | 2,606,000 |
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 | 206,000 | 452,000 | 713,000 | 988,000 |
| Interest expense | 21,000 | 39,000 | 60,000 | 85,000 |
| Net interest income | 185,000 | 413,000 | 653,000 | 903,000 |
| Noninterest income | 8,000 | 19,000 | 25,000 | 40,000 |
| Noninterest expense | 190,000 | 391,000 | 615,000 | 836,000 |
| Provision for loan losses | -230,000 | -230,000 | -230,000 | -230,000 |
| Pretax income | 233,000 | 282,000 | 304,000 | 350,000 |
| Income tax | 0 | 14,000 | 14,000 | 14,000 |
| Net income | 233,000 | 268,000 | 290,000 | 336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,370,000 | 2,417,000 | 2,442,000 | 2,489,000 |
| Total capital | 2,606,000 | 2,475,000 | 2,731,000 | 2,787,000 |
| Risk-weighted assets | 18,790,000 | 21,649,000 | 23,098,000 | 23,737,000 |