Call reports 2014
STATE CENTRAL BANK — 2014
What STATE CENTRAL 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 | 65,571,000 | 63,254,000 | 58,308,000 | 57,633,000 |
| Total loans | 40,289,000 | 37,646,000 | 36,344,000 | 34,675,000 |
| Allowance for loan losses | 2,357,000 | 2,614,000 | 2,670,000 | 2,460,000 |
| Securities available for sale | 7,079,000 | 4,326,000 | 1,325,000 | 1,324,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,308,000 | 55,617,000 | 51,395,000 | 50,206,000 |
| Interest-bearing deposits | 50,855,000 | 49,418,000 | 45,185,000 | 43,541,000 |
| Noninterest-bearing deposits | 6,453,000 | 6,199,000 | 6,210,000 | 6,665,000 |
| Equity capital | 7,635,000 | 7,048,000 | 6,562,000 | 5,981,000 |
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 | 462,000 | 929,000 | 1,388,000 | 1,737,000 |
| Interest expense | 84,000 | 166,000 | 240,000 | 317,000 |
| Net interest income | 378,000 | 763,000 | 1,148,000 | 1,420,000 |
| Noninterest income | 20,000 | 145,000 | -241,000 | -222,000 |
| Noninterest expense | 901,000 | 1,731,000 | 2,212,000 | 2,770,000 |
| Provision for loan losses | 0 | 0 | 0 | 313,000 |
| Pretax income | -503,000 | -823,000 | -1,305,000 | -1,885,000 |
| Income tax | 0 | 11,000 | 12,000 | 14,000 |
| Net income | -503,000 | -834,000 | -1,317,000 | -1,899,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,850,000 | 6,263,000 | 5,779,000 | 5,199,000 |
| Total capital | 7,420,000 | 6,807,000 | 6,302,000 | 5,707,000 |
| Risk-weighted assets | 43,787,000 | 41,484,000 | 39,688,000 | 38,714,000 |