Call reports 2014
CLARE BANK, NATIONAL ASSOCIATION — 2014
What CLARE BANK, NATIONAL ASSOCIATION 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 | 283,383,000 | 277,497,000 | 281,292,000 | 285,434,000 |
| Total loans | 157,237,000 | 156,618,000 | 156,975,000 | 156,345,000 |
| Allowance for loan losses | 557,000 | 558,000 | 517,000 | 525,000 |
| Securities available for sale | 86,033,000 | 80,603,000 | 79,054,000 | 85,635,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,730,000 | 247,132,000 | 250,972,000 | 254,032,000 |
| Interest-bearing deposits | 226,288,000 | 217,848,000 | 223,629,000 | 223,309,000 |
| Noninterest-bearing deposits | 27,442,000 | 29,284,000 | 27,343,000 | 30,723,000 |
| Equity capital | 29,024,000 | 29,386,000 | 29,685,000 | 30,479,000 |
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 | 2,118,000 | 4,236,000 | 6,305,000 | 8,309,000 |
| Interest expense | 341,000 | 681,000 | 1,034,000 | 1,363,000 |
| Net interest income | 1,777,000 | 3,555,000 | 5,271,000 | 6,946,000 |
| Noninterest income | 103,000 | 213,000 | 319,000 | 435,000 |
| Noninterest expense | 854,000 | 1,607,000 | 2,503,000 | 3,381,000 |
| Provision for loan losses | 0 | 0 | 0 | 4,000 |
| Pretax income | 1,026,000 | 2,161,000 | 3,087,000 | 3,996,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,026,000 | 2,161,000 | 3,087,000 | 3,996,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,351,000 | 28,273,000 | 28,222,000 | 29,225,000 |
| Total capital | 27,918,000 | 28,831,000 | 28,739,000 | 29,750,000 |
| Risk-weighted assets | 123,858,000 | 106,257,000 | 108,478,000 | 118,847,000 |