Call reports 2014
PROFESSIONAL BANK — 2014
What PROFESSIONAL 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 | 230,526,000 | 246,128,000 | 251,299,000 | 240,804,000 |
| Total loans | 154,935,000 | 157,177,000 | 179,392,000 | 187,704,000 |
| Allowance for loan losses | 1,600,000 | 1,600,000 | 1,747,000 | 1,875,000 |
| Securities available for sale | 63,372,000 | 55,857,000 | 51,390,000 | 43,539,000 |
| Securities held to maturity | 860,000 | 793,000 | 734,000 | 675,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 200,063,000 | 213,390,000 | 217,146,000 | 209,350,000 |
| Interest-bearing deposits | 156,847,000 | 165,466,000 | 168,684,000 | 161,956,000 |
| Noninterest-bearing deposits | 43,216,000 | 47,924,000 | 48,462,000 | 47,394,000 |
| Equity capital | 18,636,000 | 20,316,000 | 20,353,000 | 20,712,000 |
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 | 2,192,000 | 4,410,000 | 6,732,000 | 9,144,000 |
| Interest expense | 371,000 | 743,000 | 1,113,000 | 1,453,000 |
| Net interest income | 1,821,000 | 3,667,000 | 5,619,000 | 7,691,000 |
| Noninterest income | 60,000 | 148,000 | 244,000 | 356,000 |
| Noninterest expense | 1,687,000 | 3,464,000 | 5,247,000 | 7,192,000 |
| Provision for loan losses | 53,000 | 53,000 | 200,000 | 328,000 |
| Pretax income | 185,000 | 343,000 | 452,000 | 560,000 |
| Income tax | -486,000 | -427,000 | -386,000 | -422,000 |
| Net income | 671,000 | 770,000 | 838,000 | 982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,178,000 | 20,600,000 | 20,687,000 | 20,854,000 |
| Total capital | 20,894,000 | 22,361,000 | 22,587,000 | 22,886,000 |
| Risk-weighted assets | 154,213,000 | 155,933,000 | 172,105,000 | 176,830,000 |