Call reports 2015
SERVBANK, NATIONAL ASSOCIATION — 2015
What SERVBANK, NATIONAL ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 122,438,000 | 119,661,000 | 117,671,000 | 114,257,000 |
| Total loans | 70,922,000 | 65,111,000 | 62,748,000 | 62,698,000 |
| Allowance for loan losses | 1,250,000 | 1,196,000 | 1,005,000 | 937,000 |
| Securities available for sale | 16,161,000 | 16,761,000 | 17,329,000 | 20,228,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,328,000 | 109,521,000 | 107,207,000 | 105,203,000 |
| Interest-bearing deposits | 89,823,000 | 88,189,000 | 86,319,000 | 82,870,000 |
| Noninterest-bearing deposits | 22,505,000 | 21,332,000 | 20,888,000 | 22,333,000 |
| Equity capital | 7,037,000 | 7,164,000 | 7,447,000 | 7,530,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 933,000 | 1,871,000 | 2,770,000 | 3,592,000 |
| Interest expense | 163,000 | 330,000 | 498,000 | 645,000 |
| Net interest income | 770,000 | 1,541,000 | 2,272,000 | 2,947,000 |
| Noninterest income | 1,077,000 | 2,380,000 | 22,992,000 | 29,911,000 |
| Noninterest expense | 1,543,000 | 3,028,000 | 24,103,000 | 31,631,000 |
| Provision for loan losses | 0 | 160,000 | 200,000 | 120,000 |
| Pretax income | 304,000 | 733,000 | 961,000 | 1,109,000 |
| Income tax | 124,000 | 298,000 | 392,000 | 281,000 |
| Net income | 180,000 | 435,000 | 569,000 | 828,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,080,000 | 5,509,000 | 5,735,000 | 5,871,000 |
| Total capital | 5,978,000 | 6,473,000 | 6,570,000 | 6,702,000 |
| Risk-weighted assets | 71,481,000 | 75,760,000 | 65,452,000 | 65,266,000 |