Call reports 2014
BANK OF BURLINGTON — 2014
What BANK OF BURLINGTON 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 | 85,528,000 | 86,454,000 | 88,006,000 | 73,914,000 |
| Total loans | 10,734,000 | 11,865,000 | 10,575,000 | 14,671,000 |
| Allowance for loan losses | 150,000 | 160,000 | 160,000 | 190,000 |
| Securities available for sale | 40,445,000 | 44,118,000 | 46,424,000 | 31,537,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,103,000 | 79,628,000 | 81,023,000 | 66,709,000 |
| Interest-bearing deposits | 44,400,000 | 42,477,000 | 41,744,000 | 40,658,000 |
| Noninterest-bearing deposits | 34,703,000 | 37,151,000 | 39,279,000 | 26,051,000 |
| Equity capital | 6,368,000 | 6,754,000 | 6,927,000 | 7,137,000 |
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 | 384,000 | 806,000 | 1,242,000 | 1,696,000 |
| Interest expense | 15,000 | 30,000 | 44,000 | 57,000 |
| Net interest income | 369,000 | 776,000 | 1,198,000 | 1,639,000 |
| Noninterest income | 46,000 | 83,000 | 121,000 | 170,000 |
| Noninterest expense | 277,000 | 554,000 | 835,000 | 1,129,000 |
| Provision for loan losses | 12,000 | 22,000 | 22,000 | 52,000 |
| Pretax income | 126,000 | 283,000 | 462,000 | 665,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 126,000 | 283,000 | 462,000 | 665,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,256,000 | 6,413,000 | 6,591,000 | 6,795,000 |
| Total capital | 6,406,000 | 6,573,000 | 6,751,000 | 6,985,000 |
| Risk-weighted assets | 24,024,000 | 26,194,000 | 25,765,000 | 26,817,000 |