Call reports 2014
ALGONQUIN STATE BANK — 2014
What ALGONQUIN STATE 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 | 138,504,000 | 135,822,000 | 132,229,000 | 131,132,000 |
| Total loans | 41,801,000 | 41,644,000 | 41,650,000 | 40,261,000 |
| Allowance for loan losses | 926,000 | 926,000 | 738,000 | 673,000 |
| Securities available for sale | 78,735,000 | 79,163,000 | 77,338,000 | 74,273,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 122,728,000 | 118,937,000 | 115,627,000 | 114,903,000 |
| Interest-bearing deposits | 99,382,000 | 95,523,000 | 94,043,000 | 92,636,000 |
| Noninterest-bearing deposits | 23,346,000 | 23,414,000 | 21,584,000 | 22,267,000 |
| Equity capital | 15,161,000 | 16,293,000 | 16,057,000 | 15,472,000 |
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 | 932,000 | 1,867,000 | 2,784,000 | 3,700,000 |
| Interest expense | 56,000 | 106,000 | 155,000 | 203,000 |
| Net interest income | 876,000 | 1,761,000 | 2,629,000 | 3,497,000 |
| Noninterest income | 126,000 | 318,000 | 436,000 | 565,000 |
| Noninterest expense | 1,161,000 | 2,202,000 | 3,162,000 | 4,592,000 |
| Provision for loan losses | 0 | 0 | 601,000 | 1,336,000 |
| Pretax income | -43,000 | 169,000 | -302,000 | -906,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -43,000 | 169,000 | -302,000 | -906,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,011,000 | 16,224,000 | 15,753,000 | 15,149,000 |
| Total capital | 16,686,000 | 16,879,000 | 16,407,000 | 15,766,000 |
| Risk-weighted assets | 53,716,000 | 52,160,000 | 52,264,000 | 49,336,000 |