Call reports 2015
PORTAGE COMMUNITY BANK — 2015
What PORTAGE COMMUNITY BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 284,839,000 | 288,745,000 | 293,556,000 | 298,886,000 |
| Total loans | 213,860,000 | 219,251,000 | 218,119,000 | 218,069,000 |
| Allowance for loan losses | 3,032,000 | 3,038,000 | 2,912,000 | 2,856,000 |
| Securities available for sale | 47,004,000 | 49,453,000 | 50,735,000 | 52,695,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 235,111,000 | 238,209,000 | 240,620,000 | 246,244,000 |
| Interest-bearing deposits | 202,024,000 | 203,505,000 | 206,524,000 | 208,189,000 |
| Noninterest-bearing deposits | 33,087,000 | 34,704,000 | 34,096,000 | 38,055,000 |
| Equity capital | 30,016,000 | 30,418,000 | 31,237,000 | 31,967,000 |
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 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,713,000 | 5,467,000 | 8,258,000 | 11,103,000 |
| Interest expense | 381,000 | 768,000 | 1,175,000 | 1,584,000 |
| Net interest income | 2,332,000 | 4,699,000 | 7,083,000 | 9,519,000 |
| Noninterest income | 321,000 | 761,000 | 1,224,000 | 1,640,000 |
| Noninterest expense | 1,787,000 | 3,588,000 | 5,467,000 | 7,454,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 868,000 | 1,874,000 | 2,842,000 | 3,707,000 |
| Income tax | 229,000 | 504,000 | 773,000 | 1,001,000 |
| Net income | 639,000 | 1,370,000 | 2,069,000 | 2,706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,367,000 | 30,097,000 | 30,797,000 | 31,434,000 |
| Total capital | 31,986,000 | 32,774,000 | 33,462,000 | 34,094,000 |
| Risk-weighted assets | 209,136,000 | 213,765,000 | 212,973,000 | 212,569,000 |