Call reports 2014
FIRST BANK OF NEWTON — 2014
What FIRST BANK OF NEWTON 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 | 163,442,000 | 166,487,000 | 164,620,000 | 169,614,000 |
| Total loans | 111,886,000 | 114,981,000 | 117,962,000 | 123,345,000 |
| Allowance for loan losses | 1,723,000 | 1,743,000 | 1,665,000 | 1,706,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 33,398,000 | 33,568,000 | 31,612,000 | 27,974,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,190,000 | 151,996,000 | 149,762,000 | 154,601,000 |
| Interest-bearing deposits | 131,838,000 | 135,318,000 | 133,602,000 | 133,062,000 |
| Noninterest-bearing deposits | 17,352,000 | 16,678,000 | 16,160,000 | 21,539,000 |
| Equity capital | 13,793,000 | 14,011,000 | 14,213,000 | 14,541,000 |
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 | 1,526,000 | 3,106,000 | 4,726,000 | 6,359,000 |
| Interest expense | 136,000 | 263,000 | 385,000 | 494,000 |
| Net interest income | 1,390,000 | 2,843,000 | 4,341,000 | 5,865,000 |
| Noninterest income | 220,000 | 483,000 | 705,000 | 968,000 |
| Noninterest expense | 1,211,000 | 2,440,000 | 3,688,000 | 4,968,000 |
| Provision for loan losses | 50,000 | 150,000 | 250,000 | 275,000 |
| Pretax income | 349,000 | 736,000 | 1,108,000 | 1,590,000 |
| Income tax | 17,000 | 36,000 | 56,000 | 60,000 |
| Net income | 332,000 | 700,000 | 1,052,000 | 1,530,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,793,000 | 14,011,000 | 14,213,000 | 14,541,000 |
| Total capital | 15,215,000 | 15,503,000 | 15,750,000 | 16,155,000 |
| Risk-weighted assets | 113,478,000 | 119,110,000 | 122,851,000 | 129,045,000 |