Call reports 2015
SAGE BANK — 2015
What SAGE BANK 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 | 186,605,000 | 177,696,000 | 165,031,000 | 157,752,000 |
| Total loans | 165,674,000 | 153,520,000 | 146,698,000 | 139,187,000 |
| Allowance for loan losses | 1,183,000 | 1,071,000 | 980,000 | 955,000 |
| Securities available for sale | 781,000 | 779,000 | 779,000 | 775,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,954,000 | 126,388,000 | 120,738,000 | 118,246,000 |
| Interest-bearing deposits | 119,151,000 | 115,733,000 | 111,184,000 | 106,724,000 |
| Noninterest-bearing deposits | 9,803,000 | 10,655,000 | 9,554,000 | 11,522,000 |
| Equity capital | 14,318,000 | 13,948,000 | 13,141,000 | 12,553,000 |
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 | 1,826,000 | 3,580,000 | 5,279,000 | 6,854,000 |
| Interest expense | 402,000 | 809,000 | 1,171,000 | 1,515,000 |
| Net interest income | 1,424,000 | 2,771,000 | 4,108,000 | 5,339,000 |
| Noninterest income | 2,198,000 | 4,017,000 | 10,480,000 | 16,741,000 |
| Noninterest expense | 2,632,000 | 6,320,000 | 14,994,000 | 23,116,000 |
| Provision for loan losses | 24,000 | -89,000 | -128,000 | -152,000 |
| Pretax income | 966,000 | 557,000 | -278,000 | -884,000 |
| Income tax | 68,000 | 28,000 | 0 | 0 |
| Net income | 898,000 | 529,000 | -278,000 | -884,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,312,000 | 13,944,000 | 13,137,000 | 12,552,000 |
| Total capital | 15,564,000 | 15,090,000 | 14,164,000 | 13,553,000 |
| Risk-weighted assets | 122,737,000 | 114,569,000 | 114,050,000 | 98,550,000 |