Call reports 2013
1ST EQUITY BANK — 2013
What 1ST EQUITY 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 | 118,465,000 | 117,381,000 | 106,706,000 | 102,001,000 |
| Total loans | 83,054,000 | 78,640,000 | 70,584,000 | 68,265,000 |
| Allowance for loan losses | 1,543,000 | 1,564,000 | 1,178,000 | 1,176,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,905,000 | 99,850,000 | 90,912,000 | 86,747,000 |
| Interest-bearing deposits | 90,860,000 | 89,772,000 | 82,757,000 | 75,509,000 |
| Noninterest-bearing deposits | 10,045,000 | 10,078,000 | 8,155,000 | 11,238,000 |
| Equity capital | 15,397,000 | 15,375,000 | 15,684,000 | 15,114,000 |
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 | 1,042,000 | 1,977,000 | 2,903,000 | 3,799,000 |
| Interest expense | 211,000 | 418,000 | 615,000 | 761,000 |
| Net interest income | 831,000 | 1,559,000 | 2,288,000 | 3,038,000 |
| Noninterest income | 26,000 | 48,000 | 73,000 | 100,000 |
| Noninterest expense | 441,000 | 854,000 | 1,265,000 | 1,977,000 |
| Provision for loan losses | 30,000 | 50,000 | 80,000 | 110,000 |
| Pretax income | 386,000 | 703,000 | 1,016,000 | 1,051,000 |
| Income tax | 5,000 | 4,000 | 8,000 | 13,000 |
| Net income | 381,000 | 699,000 | 1,008,000 | 1,038,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,397,000 | 15,375,000 | 15,684,000 | 15,114,000 |
| Total capital | 16,358,000 | 16,372,000 | 16,580,000 | 15,965,000 |
| Risk-weighted assets | 82,212,000 | 79,212,000 | 71,393,000 | 68,045,000 |