Call reports 2014
PORT WASHINGTON STATE BANK, THE — 2014
What PORT WASHINGTON STATE BANK, THE 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 | 467,542,000 | 461,523,000 | 465,064,000 | 484,586,000 |
| Total loans | 268,847,000 | 276,001,000 | 285,154,000 | 293,297,000 |
| Allowance for loan losses | 5,354,000 | 5,267,000 | 5,475,000 | 5,619,000 |
| Securities available for sale | 141,841,000 | 136,631,000 | 133,378,000 | 129,554,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 427,129,000 | 419,865,000 | 422,818,000 | 441,120,000 |
| Interest-bearing deposits | 358,555,000 | 347,194,000 | 351,486,000 | 365,131,000 |
| Noninterest-bearing deposits | 68,574,000 | 72,671,000 | 71,332,000 | 75,990,000 |
| Equity capital | 36,841,000 | 38,102,000 | 38,687,000 | 39,154,000 |
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 | 3,559,000 | 7,233,000 | 10,991,000 | 14,833,000 |
| Interest expense | 403,000 | 797,000 | 1,190,000 | 1,570,000 |
| Net interest income | 3,156,000 | 6,436,000 | 9,801,000 | 13,263,000 |
| Noninterest income | 657,000 | 1,352,000 | 2,118,000 | 2,829,000 |
| Noninterest expense | 2,993,000 | 5,917,000 | 8,915,000 | 11,972,000 |
| Provision for loan losses | 345,000 | 701,000 | 1,028,000 | 1,213,000 |
| Pretax income | 461,000 | 1,159,000 | 1,987,000 | 2,913,000 |
| Income tax | 90,000 | 274,000 | 510,000 | 779,000 |
| Net income | 371,000 | 885,000 | 1,477,000 | 2,134,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,895,000 | 38,442,000 | 39,065,000 | 39,104,000 |
| Total capital | 41,767,000 | 42,249,000 | 43,105,000 | 43,181,000 |
| Risk-weighted assets | 308,290,000 | 312,559,000 | 321,796,000 | 324,600,000 |