Call reports 2014
STOCKGROWERS STATE BANK, THE — 2014
What STOCKGROWERS STATE BANK, THE 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 | 71,986,000 | 72,372,000 | 74,406,000 | 79,951,000 |
| Total loans | 29,954,000 | 28,886,000 | 32,847,000 | 39,525,000 |
| Allowance for loan losses | 603,000 | 602,000 | 644,000 | 510,000 |
| Securities available for sale | 20,907,000 | 21,250,000 | 21,477,000 | 21,142,000 |
| Securities held to maturity | 16,389,000 | 16,372,000 | 15,573,000 | 14,311,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,304,000 | 52,682,000 | 53,313,000 | 57,822,000 |
| Interest-bearing deposits | 45,098,000 | 45,946,000 | 43,797,000 | 48,767,000 |
| Noninterest-bearing deposits | 7,206,000 | 6,736,000 | 9,516,000 | 9,055,000 |
| Equity capital | 10,068,000 | 10,292,000 | 10,464,000 | 10,727,000 |
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 | 738,000 | 1,446,000 | 2,136,000 | 2,949,000 |
| Interest expense | 140,000 | 279,000 | 416,000 | 552,000 |
| Net interest income | 598,000 | 1,167,000 | 1,720,000 | 2,397,000 |
| Noninterest income | 37,000 | 64,000 | 93,000 | 120,000 |
| Noninterest expense | 292,000 | 598,000 | 965,000 | 1,428,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 100,000 |
| Pretax income | 343,000 | 633,000 | 798,000 | 989,000 |
| Income tax | 15,000 | 28,000 | 34,000 | 42,000 |
| Net income | 328,000 | 605,000 | 764,000 | 947,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,975,000 | 9,186,000 | 9,317,000 | 9,434,000 |
| Total capital | 9,427,000 | 9,628,000 | 9,805,000 | 9,944,000 |
| Risk-weighted assets | 36,039,000 | 35,184,000 | 39,469,000 | 45,527,000 |