Call reports 2014
AVANA BANK — 2014
What AVANA 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 | 41,031,000 | 39,608,000 | 40,365,000 | 41,699,000 |
| Total loans | 19,329,000 | 17,929,000 | 18,612,000 | 19,220,000 |
| Allowance for loan losses | 140,000 | 140,000 | 140,000 | 141,000 |
| Securities available for sale | 1,103,000 | 937,000 | 931,000 | 923,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,714,000 | 36,317,000 | 37,049,000 | 38,353,000 |
| Interest-bearing deposits | 23,334,000 | 24,466,000 | 24,639,000 | 25,101,000 |
| Noninterest-bearing deposits | 14,380,000 | 11,851,000 | 12,410,000 | 13,252,000 |
| Equity capital | 3,249,000 | 3,251,000 | 3,269,000 | 3,279,000 |
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 | 281,000 | 555,000 | 825,000 | 1,114,000 |
| Interest expense | 6,000 | 11,000 | 17,000 | 23,000 |
| Net interest income | 275,000 | 544,000 | 808,000 | 1,091,000 |
| Noninterest income | 39,000 | 74,000 | 109,000 | 164,000 |
| Noninterest expense | 259,000 | 526,000 | 800,000 | 1,079,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 55,000 | 92,000 | 117,000 | 176,000 |
| Income tax | 17,000 | 28,000 | 34,000 | 50,000 |
| Net income | 38,000 | 64,000 | 83,000 | 126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,648,000 | 2,650,000 | 2,668,000 | 2,679,000 |
| Total capital | 2,788,000 | 2,790,000 | 2,808,000 | 2,820,000 |
| Risk-weighted assets | 18,599,000 | 17,272,000 | 18,196,000 | 18,695,000 |