Call reports 2014
BEACH BANK — 2014
What BEACH 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 | 561,077,000 | 569,486,000 | 560,351,000 | 551,984,000 |
| Total loans | 402,989,000 | 402,192,000 | 390,686,000 | 385,884,000 |
| Allowance for loan losses | 7,406,000 | 7,086,000 | 7,329,000 | 7,468,000 |
| Securities available for sale | 47,395,000 | 44,914,000 | 42,272,000 | 40,295,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 494,009,000 | 505,011,000 | 506,178,000 | 501,132,000 |
| Interest-bearing deposits | 465,004,000 | 472,867,000 | 473,912,000 | 472,109,000 |
| Noninterest-bearing deposits | 29,005,000 | 32,144,000 | 32,266,000 | 29,023,000 |
| Equity capital | 28,051,000 | 27,864,000 | 24,364,000 | 23,473,000 |
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 | 4,268,000 | 8,459,000 | 12,713,000 | 16,796,000 |
| Interest expense | 1,157,000 | 2,377,000 | 3,635,000 | 4,916,000 |
| Net interest income | 3,111,000 | 6,082,000 | 9,078,000 | 11,880,000 |
| Noninterest income | 1,608,000 | 3,110,000 | 4,248,000 | 5,698,000 |
| Noninterest expense | 4,742,000 | 9,465,000 | 14,288,000 | 18,779,000 |
| Provision for loan losses | 227,000 | 227,000 | 2,998,000 | 3,675,000 |
| Pretax income | -250,000 | -501,000 | -3,961,000 | -4,875,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -250,000 | -501,000 | -3,961,000 | -4,875,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,617,000 | 27,366,000 | 23,906,000 | 22,992,000 |
| Total capital | 33,413,000 | 33,104,000 | 29,549,000 | 28,624,000 |
| Risk-weighted assets | 462,062,000 | 457,698,000 | 449,729,000 | 448,731,000 |