Call reports 2014
1ST CONSTITUTION BANK — 2014
What 1ST CONSTITUTION 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 | 967,091,000 | 985,970,000 | 954,305,000 | 956,780,000 |
| Total loans | 534,659,000 | 645,337,000 | 629,855,000 | 662,668,000 |
| Allowance for loan losses | 7,031,000 | 7,418,000 | 7,108,000 | 6,925,000 |
| Securities available for sale | 115,936,000 | 107,427,000 | 102,463,000 | 78,466,000 |
| Securities held to maturity | 152,735,000 | 155,319,000 | 148,183,000 | 143,638,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 839,056,000 | 819,928,000 | 823,628,000 | 817,827,000 |
| Interest-bearing deposits | 672,309,000 | 653,061,000 | 651,443,000 | 655,546,000 |
| Noninterest-bearing deposits | 166,747,000 | 166,867,000 | 172,185,000 | 162,281,000 |
| Equity capital | 96,993,000 | 97,370,000 | 100,240,000 | 102,848,000 |
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 | 7,996,000 | 17,560,000 | 27,693,000 | 37,361,000 |
| Interest expense | 1,014,000 | 2,115,000 | 3,214,000 | 4,314,000 |
| Net interest income | 6,982,000 | 15,445,000 | 24,479,000 | 33,047,000 |
| Noninterest income | 1,640,000 | 2,900,000 | 4,268,000 | 5,652,000 |
| Noninterest expense | 7,346,000 | 14,052,000 | 20,661,000 | 27,174,000 |
| Provision for loan losses | 500,000 | 4,600,000 | 5,250,000 | 5,750,000 |
| Pretax income | 773,000 | -310,000 | 2,833,000 | 5,773,000 |
| Income tax | 75,000 | -624,000 | 323,000 | 1,190,000 |
| Net income | 698,000 | 314,000 | 2,510,000 | 4,583,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,683,000 | 84,383,000 | 86,964,000 | 89,122,000 |
| Total capital | 91,714,000 | 91,801,000 | 94,072,000 | 96,047,000 |
| Risk-weighted assets | 686,119,000 | 786,314,000 | 781,373,000 | 800,563,000 |