Call reports 2014
FIRSTATLANTIC BANK — 2014
What FIRSTATLANTIC 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 | 386,057,000 | 388,853,000 | 380,162,000 | 383,183,000 |
| Total loans | 270,010,000 | 275,546,000 | 265,070,000 | 286,123,000 |
| Allowance for loan losses | 2,212,000 | 2,468,000 | 1,850,000 | 1,789,000 |
| Securities available for sale | 77,132,000 | 74,764,000 | 71,334,000 | 63,476,000 |
| Securities held to maturity | 0 | 1,090,000 | 1,082,000 | 1,076,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 324,244,000 | 327,250,000 | 321,200,000 | 326,793,000 |
| Interest-bearing deposits | 260,585,000 | 254,413,000 | 247,945,000 | 245,381,000 |
| Noninterest-bearing deposits | 63,659,000 | 72,837,000 | 73,255,000 | 81,412,000 |
| Equity capital | 49,036,000 | 50,357,000 | 50,557,000 | 52,495,000 |
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 | 4,889,000 | 9,909,000 | 14,438,000 | 19,375,000 |
| Interest expense | 465,000 | 936,000 | 1,387,000 | 1,835,000 |
| Net interest income | 4,424,000 | 8,973,000 | 13,051,000 | 17,540,000 |
| Noninterest income | 307,000 | 682,000 | 1,038,000 | 2,446,000 |
| Noninterest expense | 2,988,000 | 6,148,000 | 9,218,000 | 12,595,000 |
| Provision for loan losses | 250,000 | 500,000 | 1,485,000 | 1,768,000 |
| Pretax income | 1,493,000 | 3,007,000 | 3,386,000 | 5,664,000 |
| Income tax | 567,000 | 1,142,000 | 1,286,000 | 1,887,000 |
| Net income | 926,000 | 1,865,000 | 2,100,000 | 3,777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,904,000 | 47,932,000 | 48,254,000 | 50,020,000 |
| Total capital | 49,116,000 | 50,400,000 | 50,104,000 | 51,809,000 |
| Risk-weighted assets | 275,713,000 | 288,140,000 | 273,915,000 | 295,436,000 |