Call reports 2014
HURON STATE BANK — 2014
What HURON 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 | 57,655,000 | 58,565,000 | 62,225,000 | 58,866,000 |
| Total loans | 40,519,000 | 41,226,000 | 43,468,000 | 44,601,000 |
| Allowance for loan losses | 352,000 | 418,000 | 493,000 | 588,000 |
| Securities available for sale | 5,637,000 | 4,431,000 | 4,431,000 | 4,402,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,332,000 | 50,128,000 | 53,611,000 | 50,416,000 |
| Interest-bearing deposits | 41,843,000 | 41,808,000 | 45,413,000 | 42,787,000 |
| Noninterest-bearing deposits | 7,490,000 | 8,320,000 | 8,199,000 | 7,628,000 |
| Equity capital | 8,096,000 | 8,265,000 | 8,452,000 | 8,301,000 |
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 | 667,000 | 1,343,000 | 2,044,000 | 2,779,000 |
| Interest expense | 116,000 | 228,000 | 340,000 | 455,000 |
| Net interest income | 551,000 | 1,115,000 | 1,704,000 | 2,324,000 |
| Noninterest income | 44,000 | 106,000 | 169,000 | 225,000 |
| Noninterest expense | 296,000 | 609,000 | 931,000 | 1,254,000 |
| Provision for loan losses | 72,000 | 162,000 | 247,000 | 373,000 |
| Pretax income | 227,000 | 450,000 | 695,000 | 922,000 |
| Income tax | 59,000 | 110,000 | 161,000 | 212,000 |
| Net income | 168,000 | 340,000 | 534,000 | 710,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,093,000 | 8,255,000 | 8,439,000 | 8,294,000 |
| Total capital | 8,445,000 | 8,673,000 | 8,932,000 | 8,795,000 |
| Risk-weighted assets | 36,713,000 | 37,058,000 | 39,744,000 | 39,974,000 |