Call reports 2014
TARGET BANK — 2014
What TARGET 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 | 54,730,000 | 54,232,000 | 46,107,000 | 119,484,000 |
| Total loans | 2,729,000 | 3,565,000 | 3,833,000 | 4,934,000 |
| Allowance for loan losses | 53,000 | 69,000 | 78,000 | 106,000 |
| Securities available for sale | 116,000 | 116,000 | 2,226,000 | 2,229,000 |
| Securities held to maturity | 8,081,000 | 8,027,000 | 6,000,000 | 6,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,134,000 | 32,734,000 | 31,688,000 | 100,249,000 |
| Interest-bearing deposits | 7,241,000 | 7,745,000 | 8,252,000 | 45,264,000 |
| Noninterest-bearing deposits | 23,893,000 | 24,989,000 | 23,436,000 | 54,985,000 |
| Equity capital | 13,161,000 | 9,593,000 | 9,644,000 | 8,802,000 |
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 | 30,000 | 59,000 | 89,000 | 117,000 |
| Interest expense | 7,000 | 12,000 | 20,000 | 32,000 |
| Net interest income | 23,000 | 47,000 | 69,000 | 85,000 |
| Noninterest income | 7,767,000 | 12,412,000 | 17,099,000 | 23,757,000 |
| Noninterest expense | 1,516,000 | 3,070,000 | 4,463,000 | 6,178,000 |
| Provision for loan losses | -36,000 | -15,000 | 17,000 | 56,000 |
| Pretax income | 6,310,000 | 9,404,000 | 12,688,000 | 17,608,000 |
| Income tax | 2,414,000 | 3,560,000 | 4,794,000 | 6,556,000 |
| Net income | 3,896,000 | 5,844,000 | 7,894,000 | 11,052,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,161,000 | 9,593,000 | 9,644,000 | 8,802,000 |
| Total capital | 13,214,000 | 9,662,000 | 9,722,000 | 8,908,000 |
| Risk-weighted assets | 15,581,000 | 16,561,000 | 17,135,000 | 32,321,000 |