Call reports 2014
MORGAN FEDERAL BANK — 2014
What MORGAN FEDERAL 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 | 105,145,000 | 103,918,000 | 105,945,000 | 106,949,000 |
| Total loans | 45,372,000 | 45,270,000 | 45,667,000 | 45,644,000 |
| Allowance for loan losses | 320,000 | 335,000 | 335,000 | 335,000 |
| Securities available for sale | 48,519,000 | 47,644,000 | 45,901,000 | 46,098,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,241,000 | 82,535,000 | 85,560,000 | 86,966,000 |
| Interest-bearing deposits | 69,364,000 | 68,672,000 | 70,188,000 | 71,611,000 |
| Noninterest-bearing deposits | 13,877,000 | 13,863,000 | 15,372,000 | 15,355,000 |
| Equity capital | 11,376,000 | 11,577,000 | 11,574,000 | 11,778,000 |
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 | 850,000 | 1,697,000 | 2,520,000 | 3,319,000 |
| Interest expense | 109,000 | 215,000 | 321,000 | 427,000 |
| Net interest income | 741,000 | 1,482,000 | 2,199,000 | 2,892,000 |
| Noninterest income | 292,000 | 653,000 | 961,000 | 1,388,000 |
| Noninterest expense | 827,000 | 1,693,000 | 2,521,000 | 3,400,000 |
| Provision for loan losses | 17,000 | 45,000 | 45,000 | 44,000 |
| Pretax income | 197,000 | 433,000 | 626,000 | 888,000 |
| Income tax | 26,000 | 93,000 | 133,000 | 204,000 |
| Net income | 171,000 | 340,000 | 493,000 | 684,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,456,000 | 11,525,000 | 11,581,000 | 11,671,000 |
| Total capital | 11,776,000 | 11,860,000 | 11,916,000 | 12,006,000 |
| Risk-weighted assets | 60,299,000 | 59,862,000 | 60,699,000 | 60,618,000 |