Call reports 2013
AVANA BANK — 2013
What AVANA 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 | 37,138,000 | 37,198,000 | 40,817,000 | 44,590,000 |
| Total loans | 18,492,000 | 18,609,000 | 19,935,000 | 19,999,000 |
| Allowance for loan losses | 142,000 | 142,000 | 142,000 | 141,000 |
| Securities available for sale | 1,364,000 | 1,092,000 | 1,070,000 | 914,000 |
| Securities held to maturity | 354,000 | 354,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,880,000 | 33,894,000 | 37,505,000 | 41,278,000 |
| Interest-bearing deposits | 22,407,000 | 22,297,000 | 25,921,000 | 22,901,000 |
| Noninterest-bearing deposits | 11,473,000 | 11,597,000 | 11,584,000 | 18,377,000 |
| Equity capital | 3,202,000 | 3,231,000 | 3,244,000 | 3,247,000 |
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 | 279,000 | 563,000 | 857,000 | 1,154,000 |
| Interest expense | 7,000 | 14,000 | 19,000 | 25,000 |
| Net interest income | 272,000 | 549,000 | 838,000 | 1,129,000 |
| Noninterest income | 40,000 | 80,000 | 117,000 | 153,000 |
| Noninterest expense | 268,000 | 532,000 | 791,000 | 1,051,000 |
| Provision for loan losses | 0 | 0 | 0 | 1,000 |
| Pretax income | 44,000 | 96,000 | 164,000 | 229,000 |
| Income tax | 13,000 | 32,000 | 51,000 | 76,000 |
| Net income | 31,000 | 64,000 | 113,000 | 153,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,594,000 | 2,626,000 | 2,645,000 | 2,645,000 |
| Total capital | 2,736,000 | 2,768,000 | 2,787,000 | 2,786,000 |
| Risk-weighted assets | 18,009,000 | 17,996,000 | 19,347,000 | 19,169,000 |