Call reports 2013
TRANSACT BANK, NATIONAL ASSOCIATION — 2013
What TRANSACT BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 62,107,000 | 61,685,000 | 66,180,000 | 66,915,000 |
| Total loans | 27,344,000 | 42,526,000 | 44,254,000 | 44,774,000 |
| Allowance for loan losses | 218,000 | 218,000 | 219,000 | 170,000 |
| Securities available for sale | 14,719,000 | 11,803,000 | 11,336,000 | 10,927,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,763,000 | 54,906,000 | 59,266,000 | 59,423,000 |
| Interest-bearing deposits | 43,978,000 | 44,986,000 | 45,950,000 | 45,872,000 |
| Noninterest-bearing deposits | 10,785,000 | 9,920,000 | 13,316,000 | 13,551,000 |
| Equity capital | 6,683,000 | 6,092,000 | 6,069,000 | 6,668,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 458,000 | 929,000 | 1,414,000 | 1,901,000 |
| Interest expense | 56,000 | 133,000 | 212,000 | 293,000 |
| Net interest income | 402,000 | 796,000 | 1,202,000 | 1,608,000 |
| Noninterest income | 111,000 | -374,000 | -303,000 | -234,000 |
| Noninterest expense | 733,000 | 1,488,000 | 2,542,000 | 3,686,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -215,000 | -1,059,000 | -1,636,000 | -2,305,000 |
| Income tax | 25,000 | 64,000 | 64,000 | 64,000 |
| Net income | -240,000 | -1,123,000 | -1,700,000 | -2,369,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,647,000 | 5,406,000 | 5,473,000 | 6,245,000 |
| Total capital | 5,865,000 | 5,624,000 | 5,692,000 | 6,463,000 |
| Risk-weighted assets | 21,250,000 | 24,116,000 | 24,408,000 | 22,433,000 |