Call reports 2013
DRAKE BANK — 2013
What DRAKE BANK 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 | 80,473,000 | 81,309,000 | 79,886,000 | 75,267,000 |
| Total loans | 67,560,000 | 66,573,000 | 65,405,000 | 64,724,000 |
| Allowance for loan losses | 1,444,000 | 1,595,000 | 1,271,000 | 1,222,000 |
| Securities available for sale | 2,766,000 | 3,215,000 | 3,206,000 | 2,927,000 |
| Securities held to maturity | 1,593,000 | 1,584,000 | 1,579,000 | 1,575,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,787,000 | 63,424,000 | 64,567,000 | 60,704,000 |
| Interest-bearing deposits | 49,389,000 | 44,456,000 | 45,411,000 | 41,854,000 |
| Noninterest-bearing deposits | 15,398,000 | 18,968,000 | 19,156,000 | 18,850,000 |
| Equity capital | 8,806,000 | 8,837,000 | 8,997,000 | 9,050,000 |
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 | 1,112,000 | 2,182,000 | 3,254,000 | 4,313,000 |
| Interest expense | 77,000 | 148,000 | 212,000 | 272,000 |
| Net interest income | 1,035,000 | 2,034,000 | 3,042,000 | 4,041,000 |
| Noninterest income | -8,000 | 23,000 | -48,000 | -46,000 |
| Noninterest expense | 664,000 | 1,332,000 | 1,995,000 | 2,683,000 |
| Provision for loan losses | 150,000 | 300,000 | 300,000 | 300,000 |
| Pretax income | 213,000 | 425,000 | 699,000 | 1,012,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 213,000 | 425,000 | 699,000 | 1,012,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,795,000 | 8,883,000 | 9,032,000 | 9,094,000 |
| Total capital | 9,596,000 | 9,664,000 | 9,788,000 | 9,842,000 |
| Risk-weighted assets | 63,449,000 | 61,667,000 | 59,970,000 | 59,336,000 |