Call reports 2014
EVOLVE BANK & TRUST — 2014
What EVOLVE BANK & TRUST 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 | 296,209,000 | 362,775,000 | 379,047,000 | 377,710,000 |
| Total loans | 243,824,000 | 309,153,000 | 300,432,000 | 324,844,000 |
| Allowance for loan losses | 4,278,000 | 4,360,000 | 4,468,000 | 4,239,000 |
| Securities available for sale | 19,680,000 | 20,824,000 | 20,306,000 | 20,032,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,495,000 | 250,134,000 | 300,312,000 | 273,703,000 |
| Interest-bearing deposits | 181,585,000 | 231,233,000 | 275,317,000 | 250,349,000 |
| Noninterest-bearing deposits | 19,910,000 | 18,901,000 | 24,995,000 | 23,354,000 |
| Equity capital | 28,325,000 | 29,160,000 | 29,815,000 | 34,802,000 |
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 | 2,990,000 | 6,869,000 | 10,907,000 | 15,043,000 |
| Interest expense | 395,000 | 897,000 | 1,525,000 | 2,196,000 |
| Net interest income | 2,595,000 | 5,972,000 | 9,382,000 | 12,847,000 |
| Noninterest income | 10,048,000 | 22,760,000 | 35,221,000 | 42,728,000 |
| Noninterest expense | 11,930,000 | 26,850,000 | 41,349,000 | 52,234,000 |
| Provision for loan losses | 260,000 | 421,000 | 543,000 | 559,000 |
| Pretax income | 453,000 | 1,461,000 | 2,711,000 | 2,782,000 |
| Income tax | 190,000 | 583,000 | 1,071,000 | 1,124,000 |
| Net income | 263,000 | 878,000 | 1,640,000 | 1,658,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,865,000 | 25,967,000 | 26,403,000 | 31,108,000 |
| Total capital | 27,499,000 | 28,874,000 | 29,500,000 | 34,437,000 |
| Risk-weighted assets | 209,035,000 | 231,097,000 | 246,376,000 | 265,392,000 |