Call reports 2014
SELECT BANK — 2014
What SELECT 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 | 119,779,000 | 124,758,000 | 130,706,000 | 137,248,000 |
| Total loans | 104,154,000 | 109,966,000 | 117,067,000 | 120,035,000 |
| Allowance for loan losses | 1,184,000 | 852,000 | 1,013,000 | 1,217,000 |
| Securities available for sale | 111,000 | 111,000 | 111,000 | 111,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,656,000 | 112,395,000 | 118,095,000 | 124,395,000 |
| Interest-bearing deposits | 95,753,000 | 97,678,000 | 100,909,000 | 108,862,000 |
| Noninterest-bearing deposits | 11,903,000 | 14,717,000 | 17,186,000 | 15,533,000 |
| Equity capital | 11,884,000 | 12,078,000 | 12,285,000 | 12,434,000 |
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 | 1,368,000 | 2,761,000 | 4,227,000 | 5,718,000 |
| Interest expense | 303,000 | 596,000 | 900,000 | 1,208,000 |
| Net interest income | 1,065,000 | 2,165,000 | 3,327,000 | 4,510,000 |
| Noninterest income | 80,000 | 209,000 | 338,000 | 418,000 |
| Noninterest expense | 828,000 | 1,687,000 | 2,522,000 | 3,372,000 |
| Provision for loan losses | 83,000 | 179,000 | 339,000 | 519,000 |
| Pretax income | 234,000 | 508,000 | 804,000 | 1,037,000 |
| Income tax | 81,000 | 161,000 | 250,000 | 334,000 |
| Net income | 153,000 | 347,000 | 554,000 | 703,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,775,000 | 11,049,000 | 11,556,000 | 11,769,000 |
| Total capital | 11,956,000 | 11,901,000 | 12,569,000 | 12,986,000 |
| Risk-weighted assets | 94,471,000 | 95,131,000 | 97,948,000 | 98,239,000 |