Call reports 2014
FLORENCE BANK — 2014
What FLORENCE 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 | 1,063,590,000 | 1,059,585,000 | 1,074,211,000 | 1,087,829,000 |
| Total loans | 793,266,000 | 801,833,000 | 820,773,000 | 836,384,000 |
| Allowance for loan losses | 5,663,000 | 5,698,000 | 5,569,000 | 5,527,000 |
| Securities available for sale | 94,556,000 | 90,372,000 | 85,534,000 | 88,050,000 |
| Securities held to maturity | 96,277,000 | 92,310,000 | 89,239,000 | 86,497,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 871,422,000 | 873,713,000 | 877,592,000 | 900,898,000 |
| Interest-bearing deposits | 711,935,000 | 706,300,000 | 712,677,000 | 734,610,000 |
| Noninterest-bearing deposits | 159,487,000 | 167,413,000 | 164,915,000 | 166,288,000 |
| Equity capital | 108,798,000 | 111,026,000 | 111,814,000 | 114,035,000 |
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 | 9,278,000 | 18,560,000 | 27,862,000 | 37,501,000 |
| Interest expense | 1,332,000 | 2,461,000 | 3,568,000 | 4,692,000 |
| Net interest income | 7,946,000 | 16,099,000 | 24,294,000 | 32,809,000 |
| Noninterest income | 1,742,000 | 3,702,000 | 5,584,000 | 7,400,000 |
| Noninterest expense | 7,471,000 | 14,664,000 | 21,945,000 | 29,358,000 |
| Provision for loan losses | 214,000 | 443,000 | 669,000 | 887,000 |
| Pretax income | 2,101,000 | 4,789,000 | 7,360,000 | 10,060,000 |
| Income tax | 711,000 | 1,668,000 | 2,617,000 | 3,614,000 |
| Net income | 1,390,000 | 3,121,000 | 4,743,000 | 6,446,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 107,376,000 | 109,111,000 | 110,735,000 | 112,442,000 |
| Total capital | 113,061,000 | 114,835,000 | 116,331,000 | 118,000,000 |
| Risk-weighted assets | 696,708,000 | 699,476,000 | 706,060,000 | 713,018,000 |