Call reports 2015
CLARE BANK, NATIONAL ASSOCIATION — 2015
What CLARE BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 290,106,000 | 282,970,000 | 275,706,000 | 285,137,000 |
| Total loans | 156,559,000 | 152,922,000 | 150,345,000 | 149,815,000 |
| Allowance for loan losses | 553,000 | 553,000 | 550,000 | 563,000 |
| Securities available for sale | 89,967,000 | 94,075,000 | 89,631,000 | 88,224,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 259,051,000 | 251,428,000 | 244,107,000 | 253,165,000 |
| Interest-bearing deposits | 231,803,000 | 221,830,000 | 215,428,000 | 221,340,000 |
| Noninterest-bearing deposits | 27,248,000 | 29,598,000 | 28,679,000 | 31,825,000 |
| Equity capital | 30,591,000 | 30,619,000 | 31,073,000 | 31,124,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,053,000 | 4,086,000 | 6,084,000 | 8,110,000 |
| Interest expense | 323,000 | 641,000 | 964,000 | 1,268,000 |
| Net interest income | 1,730,000 | 3,445,000 | 5,120,000 | 6,842,000 |
| Noninterest income | 124,000 | 246,000 | 351,000 | 395,000 |
| Noninterest expense | 727,000 | 1,608,000 | 2,467,000 | 3,328,000 |
| Provision for loan losses | 32,000 | 32,000 | 32,000 | 49,000 |
| Pretax income | 1,095,000 | 2,051,000 | 2,972,000 | 3,860,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,095,000 | 2,051,000 | 2,972,000 | 3,860,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,247,000 | 29,945,000 | 30,387,000 | 30,434,000 |
| Total capital | 29,800,000 | 30,498,000 | 30,937,000 | 30,997,000 |
| Risk-weighted assets | 127,182,000 | 120,168,000 | 117,489,000 | 115,867,000 |