Call reports 2013
1ST CONSTITUTION BANK — 2013
What 1ST CONSTITUTION BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 812,721,000 | 805,370,000 | 790,169,000 | 742,325,000 |
| Total loans | 445,754,000 | 435,719,000 | 377,085,000 | 384,260,000 |
| Allowance for loan losses | 6,023,000 | 6,269,000 | 6,820,000 | 7,039,000 |
| Securities available for sale | 115,392,000 | 104,884,000 | 100,559,000 | 98,201,000 |
| Securities held to maturity | 105,588,000 | 110,196,000 | 150,573,000 | 152,817,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 711,115,000 | 703,695,000 | 687,042,000 | 638,607,000 |
| Interest-bearing deposits | 573,436,000 | 558,282,000 | 539,863,000 | 516,715,000 |
| Noninterest-bearing deposits | 137,679,000 | 145,413,000 | 147,179,000 | 121,892,000 |
| Equity capital | 81,579,000 | 80,799,000 | 82,822,000 | 84,079,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 7,472,000 | 14,653,000 | 21,993,000 | 28,992,000 |
| Interest expense | 1,059,000 | 2,033,000 | 2,980,000 | 3,903,000 |
| Net interest income | 6,413,000 | 12,620,000 | 19,013,000 | 25,089,000 |
| Noninterest income | 1,963,000 | 3,683,000 | 4,296,000 | 6,752,000 |
| Noninterest expense | 6,438,000 | 11,871,000 | 16,121,000 | 22,347,000 |
| Provision for loan losses | 0 | 237,000 | 777,000 | 1,077,000 |
| Pretax income | 1,938,000 | 4,195,000 | 6,411,000 | 8,417,000 |
| Income tax | 555,000 | 1,197,000 | 1,832,000 | 2,406,000 |
| Net income | 1,383,000 | 2,998,000 | 4,579,000 | 6,011,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,910,000 | 73,535,000 | 79,930,000 | 81,438,000 |
| Total capital | 78,933,000 | 79,804,000 | 85,640,000 | 87,254,000 |
| Risk-weighted assets | 511,417,000 | 501,226,000 | 455,698,000 | 464,041,000 |