Call reports 2013
FLORIDA SHORES BANK-SOUTHWEST — 2013
What FLORIDA SHORES BANK-SOUTHWEST 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 | 381,723,000 | 376,001,000 | 382,760,000 | 397,861,000 |
| Total loans | 204,073,000 | 209,942,000 | 227,306,000 | 232,835,000 |
| Allowance for loan losses | 3,327,000 | 3,471,000 | 3,523,000 | 3,997,000 |
| Securities available for sale | 147,836,000 | 136,318,000 | 104,850,000 | 67,533,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,445,000 | 343,002,000 | 348,671,000 | 364,393,000 |
| Interest-bearing deposits | 313,032,000 | 313,109,000 | 316,997,000 | 335,523,000 |
| Noninterest-bearing deposits | 32,413,000 | 29,892,000 | 31,674,000 | 28,870,000 |
| Equity capital | 35,254,000 | 32,314,000 | 33,268,000 | 32,847,000 |
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 | 3,193,000 | 6,648,000 | 10,144,000 | 13,536,000 |
| Interest expense | 367,000 | 721,000 | 1,078,000 | 1,442,000 |
| Net interest income | 2,826,000 | 5,927,000 | 9,066,000 | 12,094,000 |
| Noninterest income | 329,000 | 663,000 | 804,000 | 981,000 |
| Noninterest expense | 2,370,000 | 4,679,000 | 6,934,000 | 9,330,000 |
| Provision for loan losses | 201,000 | 434,000 | 459,000 | 936,000 |
| Pretax income | 620,000 | 1,524,000 | 2,500,000 | 2,698,000 |
| Income tax | 294,000 | 631,000 | 1,009,000 | 1,229,000 |
| Net income | 326,000 | 893,000 | 1,491,000 | 1,469,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,294,000 | 34,871,000 | 35,438,000 | 35,404,000 |
| Total capital | 37,195,000 | 37,800,000 | 38,596,000 | 38,546,000 |
| Risk-weighted assets | 232,453,000 | 234,063,000 | 252,289,000 | 250,465,000 |