Call reports 2014
NXT BANK — 2014
What NXT 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 | 258,467,000 | 255,098,000 | 251,496,000 | 254,907,000 |
| Total loans | 183,178,000 | 183,861,000 | 187,793,000 | 190,352,000 |
| Allowance for loan losses | 1,723,000 | 1,788,000 | 1,856,000 | 2,046,000 |
| Securities available for sale | 56,674,000 | 53,313,000 | 45,791,000 | 44,959,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 207,844,000 | 210,895,000 | 204,481,000 | 205,735,000 |
| Interest-bearing deposits | 181,845,000 | 185,740,000 | 181,151,000 | 180,248,000 |
| Noninterest-bearing deposits | 25,999,000 | 25,155,000 | 23,330,000 | 25,487,000 |
| Equity capital | 24,250,000 | 25,330,000 | 25,671,000 | 25,983,000 |
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 | 2,252,000 | 4,630,000 | 6,955,000 | 9,499,000 |
| Interest expense | 435,000 | 858,000 | 1,288,000 | 1,690,000 |
| Net interest income | 1,817,000 | 3,772,000 | 5,667,000 | 7,809,000 |
| Noninterest income | 290,000 | 602,000 | 914,000 | 1,226,000 |
| Noninterest expense | 1,874,000 | 3,712,000 | 5,615,000 | 7,591,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 365,000 |
| Pretax income | 173,000 | 619,000 | 900,000 | 1,193,000 |
| Income tax | 34,000 | 169,000 | 247,000 | 319,000 |
| Net income | 139,000 | 450,000 | 653,000 | 874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,337,000 | 24,166,000 | 24,389,000 | 24,629,000 |
| Total capital | 25,060,000 | 25,954,000 | 26,245,000 | 26,675,000 |
| Risk-weighted assets | 192,538,000 | 192,640,000 | 195,920,000 | 199,379,000 |