Call reports 2013
SOLON STATE BANK — 2013
What SOLON STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 88,216,000 | 86,764,000 | 87,023,000 | 86,182,000 |
| Total loans | 57,464,000 | 57,379,000 | 57,320,000 | 56,001,000 |
| Allowance for loan losses | 1,477,000 | 1,552,000 | 1,365,000 | 1,406,000 |
| Securities available for sale | 25,220,000 | 25,641,000 | 25,755,000 | 25,409,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,343,000 | 66,318,000 | 65,427,000 | 65,368,000 |
| Interest-bearing deposits | 54,809,000 | 53,881,000 | 53,029,000 | 51,605,000 |
| Noninterest-bearing deposits | 13,534,000 | 12,437,000 | 12,398,000 | 13,763,000 |
| Equity capital | 19,781,000 | 18,311,000 | 18,181,000 | 17,759,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,237,000 | 2,432,000 | 3,662,000 | 4,826,000 |
| Interest expense | 116,000 | 224,000 | 324,000 | 419,000 |
| Net interest income | 1,121,000 | 2,208,000 | 3,338,000 | 4,407,000 |
| Noninterest income | 114,000 | 147,000 | 262,000 | 363,000 |
| Noninterest expense | 516,000 | 1,102,000 | 1,648,000 | 2,301,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 600,000 |
| Pretax income | 644,000 | 1,106,000 | 1,730,000 | 1,872,000 |
| Income tax | 27,000 | 59,000 | 90,000 | 86,000 |
| Net income | 617,000 | 1,047,000 | 1,640,000 | 1,786,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,487,000 | 18,324,000 | 18,626,000 | 18,484,000 |
| Total capital | 19,223,000 | 19,100,000 | 19,408,000 | 19,245,000 |
| Risk-weighted assets | 61,485,000 | 61,169,000 | 61,841,000 | 60,200,000 |