Call reports 2014
HURON VALLEY STATE BANK — 2014
What HURON VALLEY 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 | 92,285,000 | 93,441,000 | 97,879,000 | 102,078,000 |
| Total loans | 76,306,000 | 77,508,000 | 84,452,000 | 88,514,000 |
| Allowance for loan losses | 953,000 | 987,000 | 1,035,000 | 1,079,000 |
| Securities available for sale | 3,991,000 | 3,692,000 | 3,522,000 | 3,366,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,865,000 | 82,837,000 | 85,814,000 | 89,821,000 |
| Interest-bearing deposits | 54,116,000 | 54,225,000 | 56,744,000 | 58,221,000 |
| Noninterest-bearing deposits | 27,749,000 | 28,612,000 | 29,070,000 | 31,600,000 |
| Equity capital | 10,238,000 | 10,412,000 | 10,616,000 | 10,844,000 |
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 | 924,000 | 1,877,000 | 2,897,000 | 4,018,000 |
| Interest expense | 65,000 | 128,000 | 197,000 | 273,000 |
| Net interest income | 859,000 | 1,749,000 | 2,700,000 | 3,745,000 |
| Noninterest income | 78,000 | 180,000 | 357,000 | 457,000 |
| Noninterest expense | 704,000 | 1,416,000 | 2,167,000 | 2,894,000 |
| Provision for loan losses | 45,000 | 75,000 | 120,000 | 165,000 |
| Pretax income | 188,000 | 438,000 | 770,000 | 1,143,000 |
| Income tax | 70,000 | 162,000 | 285,000 | 423,000 |
| Net income | 118,000 | 276,000 | 485,000 | 720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,217,000 | 10,368,000 | 10,571,000 | 10,799,000 |
| Total capital | 11,170,000 | 11,355,000 | 11,606,000 | 11,878,000 |
| Risk-weighted assets | 77,735,000 | 80,267,000 | 86,636,000 | 92,201,000 |