Call reports 2013
PROFESSIONAL BANK — 2013
What PROFESSIONAL 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 | 176,558,000 | 187,501,000 | 203,849,000 | 216,567,000 |
| Total loans | 101,962,000 | 115,238,000 | 130,136,000 | 145,393,000 |
| Allowance for loan losses | 1,294,000 | 1,294,000 | 1,394,000 | 1,547,000 |
| Securities available for sale | 45,524,000 | 50,465,000 | 48,478,000 | 50,921,000 |
| Securities held to maturity | 1,388,000 | 1,125,000 | 1,014,000 | 921,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 147,926,000 | 158,818,000 | 174,046,000 | 188,041,000 |
| Interest-bearing deposits | 111,116,000 | 123,911,000 | 134,363,000 | 143,740,000 |
| Noninterest-bearing deposits | 36,810,000 | 34,907,000 | 39,683,000 | 44,301,000 |
| Equity capital | 17,057,000 | 17,131,000 | 17,390,000 | 17,524,000 |
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 | 1,565,000 | 3,309,000 | 5,203,000 | 7,301,000 |
| Interest expense | 254,000 | 533,000 | 827,000 | 1,167,000 |
| Net interest income | 1,311,000 | 2,776,000 | 4,376,000 | 6,134,000 |
| Noninterest income | 49,000 | 105,000 | 173,000 | 250,000 |
| Noninterest expense | 1,194,000 | 2,514,000 | 3,811,000 | 5,204,000 |
| Provision for loan losses | 0 | 0 | 100,000 | 262,000 |
| Pretax income | 170,000 | 371,000 | 651,000 | 931,000 |
| Income tax | -336,000 | -401,000 | -476,000 | -543,000 |
| Net income | 506,000 | 772,000 | 1,127,000 | 1,474,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,803,000 | 17,522,000 | 17,905,000 | 18,268,000 |
| Total capital | 18,141,000 | 18,931,000 | 19,414,000 | 19,909,000 |
| Risk-weighted assets | 106,971,000 | 116,050,000 | 133,062,000 | 141,937,000 |