Call reports 2014
BANK OF THE MOUNTAINS, INC. — 2014
What BANK OF THE MOUNTAINS, INC. 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 | 65,696,000 | 66,722,000 | 65,304,000 | 65,947,000 |
| Total loans | 47,660,000 | 45,317,000 | 45,628,000 | 45,726,000 |
| Allowance for loan losses | 789,000 | 772,000 | 781,000 | 769,000 |
| Securities available for sale | 6,844,000 | 8,120,000 | 7,765,000 | 7,708,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,815,000 | 57,874,000 | 56,301,000 | 57,039,000 |
| Interest-bearing deposits | 41,807,000 | 42,067,000 | 41,448,000 | 41,406,000 |
| Noninterest-bearing deposits | 15,008,000 | 15,807,000 | 14,853,000 | 15,633,000 |
| Equity capital | 7,029,000 | 6,929,000 | 6,988,000 | 7,053,000 |
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 | 832,000 | 1,669,000 | 2,520,000 | 3,362,000 |
| Interest expense | 69,000 | 140,000 | 212,000 | 284,000 |
| Net interest income | 763,000 | 1,529,000 | 2,308,000 | 3,078,000 |
| Noninterest income | 143,000 | 293,000 | 464,000 | 576,000 |
| Noninterest expense | 759,000 | 1,497,000 | 2,277,000 | 2,985,000 |
| Provision for loan losses | 15,000 | 29,000 | 45,000 | 59,000 |
| Pretax income | 132,000 | 296,000 | 450,000 | 610,000 |
| Income tax | 35,000 | 83,000 | 123,000 | 178,000 |
| Net income | 97,000 | 213,000 | 327,000 | 432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,056,000 | 6,937,000 | 6,999,000 | 7,052,000 |
| Total capital | 7,648,000 | 7,508,000 | 7,574,000 | 7,631,000 |
| Risk-weighted assets | 47,135,000 | 45,454,000 | 45,776,000 | 46,153,000 |