Call reports 2014
SOLON STATE BANK — 2014
What SOLON STATE 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 | 89,368,000 | 90,553,000 | 88,361,000 | 89,517,000 |
| Total loans | 59,718,000 | 58,532,000 | 55,688,000 | 55,254,000 |
| Allowance for loan losses | 1,481,000 | 1,555,000 | 912,000 | 643,000 |
| Securities available for sale | 26,020,000 | 27,046,000 | 27,213,000 | 27,460,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,006,000 | 66,204,000 | 64,528,000 | 66,521,000 |
| Interest-bearing deposits | 52,472,000 | 52,965,000 | 51,338,000 | 51,838,000 |
| Noninterest-bearing deposits | 13,534,000 | 13,239,000 | 13,190,000 | 14,683,000 |
| Equity capital | 19,635,000 | 20,278,000 | 20,747,000 | 20,837,000 |
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 | 1,239,000 | 2,477,000 | 3,700,000 | 4,856,000 |
| Interest expense | 84,000 | 169,000 | 247,000 | 321,000 |
| Net interest income | 1,155,000 | 2,308,000 | 3,453,000 | 4,535,000 |
| Noninterest income | 462,000 | 534,000 | 638,000 | 744,000 |
| Noninterest expense | 563,000 | 1,105,000 | 1,650,000 | 2,334,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 660,000 |
| Pretax income | 979,000 | 1,587,000 | 2,216,000 | 2,285,000 |
| Income tax | 6,000 | 23,000 | 46,000 | 115,000 |
| Net income | 973,000 | 1,564,000 | 2,170,000 | 2,170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,472,000 | 19,423,000 | 19,700,000 | 19,374,000 |
| Total capital | 20,269,000 | 20,202,000 | 20,353,000 | 20,017,000 |
| Risk-weighted assets | 63,139,000 | 61,556,000 | 60,300,000 | 60,250,000 |