Call reports 2014
MOUNTAIN COMMERCE BANK — 2014
What MOUNTAIN COMMERCE 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 | 348,801,000 | 400,929,000 | 402,110,000 | 411,989,000 |
| Total loans | 295,402,000 | 314,721,000 | 315,776,000 | 333,474,000 |
| Allowance for loan losses | 5,410,000 | 4,502,000 | 4,539,000 | 4,514,000 |
| Securities available for sale | 24,717,000 | 25,934,000 | 35,496,000 | 45,666,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 299,695,000 | 352,368,000 | 345,982,000 | 354,787,000 |
| Interest-bearing deposits | 256,544,000 | 297,869,000 | 294,991,000 | 305,784,000 |
| Noninterest-bearing deposits | 43,151,000 | 54,499,000 | 50,991,000 | 49,003,000 |
| Equity capital | 33,582,000 | 37,982,000 | 38,134,000 | 39,292,000 |
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 | 3,514,000 | 7,332,000 | 11,435,000 | 15,670,000 |
| Interest expense | 380,000 | 884,000 | 1,476,000 | 2,079,000 |
| Net interest income | 3,134,000 | 6,448,000 | 9,959,000 | 13,591,000 |
| Noninterest income | 318,000 | 228,000 | 602,000 | 1,131,000 |
| Noninterest expense | 2,263,000 | 4,523,000 | 7,019,000 | 9,615,000 |
| Provision for loan losses | 275,000 | 825,000 | 1,140,000 | 1,163,000 |
| Pretax income | 914,000 | 1,328,000 | 2,402,000 | 3,944,000 |
| Income tax | 314,000 | 463,000 | 865,000 | 1,443,000 |
| Net income | 600,000 | 865,000 | 1,537,000 | 2,501,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,753,000 | 34,947,000 | 35,711,000 | 37,286,000 |
| Total capital | 34,304,000 | 38,746,000 | 39,549,000 | 41,338,000 |
| Risk-weighted assets | 282,287,000 | 303,205,000 | 306,308,000 | 323,756,000 |