Call reports 2015
BANK OF THE MOUNTAINS, INC. — 2015
What BANK OF THE MOUNTAINS, INC. reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 65,470,000 | 65,553,000 | 67,141,000 | 68,727,000 |
| Total loans | 45,045,000 | 46,597,000 | 46,814,000 | 47,993,000 |
| Allowance for loan losses | 752,000 | 737,000 | 725,000 | 674,000 |
| Securities available for sale | 7,718,000 | 8,187,000 | 6,830,000 | 8,245,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,548,000 | 56,826,000 | 58,323,000 | 59,977,000 |
| Interest-bearing deposits | 41,317,000 | 41,601,000 | 42,226,000 | 42,061,000 |
| Noninterest-bearing deposits | 15,231,000 | 15,225,000 | 16,097,000 | 17,916,000 |
| Equity capital | 7,126,000 | 7,015,000 | 7,048,000 | 7,076,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 814,000 | 1,678,000 | 2,565,000 | 3,466,000 |
| Interest expense | 68,000 | 132,000 | 201,000 | 272,000 |
| Net interest income | 746,000 | 1,546,000 | 2,364,000 | 3,194,000 |
| Noninterest income | 154,000 | 296,000 | 444,000 | 607,000 |
| Noninterest expense | 732,000 | 1,500,000 | 2,333,000 | 3,108,000 |
| Provision for loan losses | 7,000 | 7,000 | 17,000 | 57,000 |
| Pretax income | 161,000 | 335,000 | 458,000 | 636,000 |
| Income tax | 47,000 | 102,000 | 139,000 | 186,000 |
| Net income | 114,000 | 233,000 | 319,000 | 450,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,117,000 | 7,004,000 | 7,037,000 | 7,059,000 |
| Total capital | 7,680,000 | 7,581,000 | 7,620,000 | 7,658,000 |
| Risk-weighted assets | 44,931,000 | 46,000,000 | 46,499,000 | 47,815,000 |