Call reports 2014
TRANSACT BANK, NATIONAL ASSOCIATION — 2014
What TRANSACT BANK, NATIONAL ASSOCIATION 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 | 68,455,000 | 66,560,000 | 72,654,000 | 75,989,000 |
| Total loans | 43,404,000 | 34,646,000 | 36,492,000 | 37,776,000 |
| Allowance for loan losses | 170,000 | 169,000 | 219,000 | 267,000 |
| Securities available for sale | 10,827,000 | 10,542,000 | 10,309,000 | 9,959,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,755,000 | 58,158,000 | 64,084,000 | 66,340,000 |
| Interest-bearing deposits | 47,561,000 | 47,433,000 | 47,995,000 | 49,000,000 |
| Noninterest-bearing deposits | 12,194,000 | 10,725,000 | 16,089,000 | 17,340,000 |
| Equity capital | 7,665,000 | 7,471,000 | 7,583,000 | 8,481,000 |
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 | 479,000 | 923,000 | 1,274,000 | 1,825,000 |
| Interest expense | 83,000 | 165,000 | 247,000 | 331,000 |
| Net interest income | 396,000 | 758,000 | 1,027,000 | 1,494,000 |
| Noninterest income | 140,000 | 564,000 | 1,319,000 | 2,109,000 |
| Noninterest expense | 1,289,000 | 2,535,000 | 3,807,000 | 5,159,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 98,000 |
| Pretax income | -753,000 | -1,213,000 | -1,511,000 | -1,654,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -753,000 | -1,213,000 | -1,511,000 | -1,654,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,151,000 | 6,810,000 | 6,899,000 | 7,795,000 |
| Total capital | 7,369,000 | 7,027,000 | 7,166,000 | 8,082,000 |
| Risk-weighted assets | 20,996,000 | 17,520,000 | 21,829,000 | 23,918,000 |