Call reports 2014
PIEDMONT BANK, THE — 2014
What PIEDMONT BANK, THE 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 | 372,064,000 | 384,729,000 | 396,115,000 | 426,363,000 |
| Total loans | 292,456,000 | 295,705,000 | 291,529,000 | 301,855,000 |
| Allowance for loan losses | 3,076,000 | 3,077,000 | 3,163,000 | 3,215,000 |
| Securities available for sale | 23,114,000 | 23,378,000 | 24,386,000 | 27,141,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 316,017,000 | 331,661,000 | 342,107,000 | 371,408,000 |
| Interest-bearing deposits | 277,854,000 | 291,931,000 | 300,886,000 | 321,683,000 |
| Noninterest-bearing deposits | 38,163,000 | 39,730,000 | 41,221,000 | 49,725,000 |
| Equity capital | 47,275,000 | 51,580,000 | 52,501,000 | 53,584,000 |
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 | 4,091,000 | 8,382,000 | 12,770,000 | 17,196,000 |
| Interest expense | 659,000 | 1,360,000 | 2,076,000 | 2,780,000 |
| Net interest income | 3,432,000 | 7,022,000 | 10,694,000 | 14,416,000 |
| Noninterest income | 94,000 | 31,000 | 83,000 | 197,000 |
| Noninterest expense | 2,234,000 | 4,442,000 | 6,588,000 | 8,854,000 |
| Provision for loan losses | 368,000 | 368,000 | 452,000 | 502,000 |
| Pretax income | 924,000 | 2,243,000 | 3,737,000 | 5,257,000 |
| Income tax | 371,000 | 896,000 | 1,482,000 | 2,079,000 |
| Net income | 553,000 | 1,347,000 | 2,255,000 | 3,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,040,000 | 33,906,000 | 35,598,000 | 37,249,000 |
| Total capital | 32,116,000 | 36,983,000 | 38,761,000 | 40,464,000 |
| Risk-weighted assets | 306,424,000 | 311,416,000 | 312,142,000 | 321,435,000 |