Call reports 2015
TARGET BANK — 2015
What TARGET BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Total assets | 57,791,000 | 69,158,000 |
| Total loans | 2,914,000 | 805,000 |
| Allowance for loan losses | 107,000 | 125,000 |
| Securities available for sale | 6,232,000 | 6,233,000 |
| Securities held to maturity | 2,000,000 | 2,000,000 |
| Trading assets | 0 | 0 |
| Total deposits | 43,340,000 | 47,854,000 |
| Interest-bearing deposits | 7,975,000 | 10,982,000 |
| Noninterest-bearing deposits | 35,365,000 | 36,872,000 |
| Equity capital | 6,568,000 | 10,187,000 |
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 |
|---|---|---|
| Interest income | 28,000 | 61,000 |
| Interest expense | 11,000 | 19,000 |
| Net interest income | 17,000 | 42,000 |
| Noninterest income | 8,289,000 | 15,928,000 |
| Noninterest expense | 2,251,000 | 4,065,000 |
| Provision for loan losses | 28,000 | 67,000 |
| Pretax income | 6,027,000 | 11,838,000 |
| Income tax | 2,261,000 | 4,453,000 |
| Net income | 3,766,000 | 7,385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Tier 1 capital | 6,568,000 | 10,187,000 |
| Total capital | 6,675,000 | 10,312,000 |
| Risk-weighted assets | 23,028,000 | 24,271,000 |