Call reports 2014
DRAKE BANK — 2014
What DRAKE 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 | 80,261,000 | 88,438,000 | 86,909,000 | 86,186,000 |
| Total loans | 67,322,000 | 74,426,000 | 70,750,000 | 75,909,000 |
| Allowance for loan losses | 1,249,000 | 1,231,000 | 1,247,000 | 1,081,000 |
| Securities available for sale | 2,916,000 | 2,908,000 | 2,886,000 | 2,868,000 |
| Securities held to maturity | 1,571,000 | 1,567,000 | 1,563,000 | 1,559,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,150,000 | 70,186,000 | 68,886,000 | 67,601,000 |
| Interest-bearing deposits | 45,164,000 | 46,595,000 | 45,480,000 | 46,057,000 |
| Noninterest-bearing deposits | 18,986,000 | 23,591,000 | 23,406,000 | 21,544,000 |
| Equity capital | 9,133,000 | 9,341,000 | 9,592,000 | 9,275,000 |
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 | 1,033,000 | 2,112,000 | 3,227,000 | 4,403,000 |
| Interest expense | 62,000 | 130,000 | 200,000 | 272,000 |
| Net interest income | 971,000 | 1,982,000 | 3,027,000 | 4,131,000 |
| Noninterest income | -33,000 | 15,000 | 31,000 | -52,000 |
| Noninterest expense | 679,000 | 1,356,000 | 2,040,000 | 2,688,000 |
| Provision for loan losses | 60,000 | 120,000 | 120,000 | 70,000 |
| Pretax income | 199,000 | 521,000 | 898,000 | 1,321,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 199,000 | 521,000 | 898,000 | 1,321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,168,000 | 9,365,000 | 9,618,000 | 9,298,000 |
| Total capital | 9,939,000 | 10,187,000 | 10,404,000 | 10,117,000 |
| Risk-weighted assets | 61,209,000 | 65,386,000 | 62,388,000 | 65,244,000 |