Call reports 2013
PORTAGE COUNTY BANK, THE — 2013
What PORTAGE COUNTY BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 100,671,000 | 91,650,000 | 94,705,000 | 98,832,000 |
| Total loans | 63,734,000 | 63,622,000 | 64,305,000 | 60,955,000 |
| Allowance for loan losses | 934,000 | 964,000 | 924,000 | 953,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 8,006,000 | 9,928,000 | 9,323,000 | 10,358,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,905,000 | 81,954,000 | 84,791,000 | 88,853,000 |
| Interest-bearing deposits | 76,172,000 | 66,866,000 | 65,672,000 | 65,544,000 |
| Noninterest-bearing deposits | 14,733,000 | 15,088,000 | 19,119,000 | 23,309,000 |
| Equity capital | 9,534,000 | 9,501,000 | 9,637,000 | 9,796,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 922,000 | 1,843,000 | 2,778,000 | 3,691,000 |
| Interest expense | 192,000 | 350,000 | 480,000 | 611,000 |
| Net interest income | 730,000 | 1,493,000 | 2,298,000 | 3,080,000 |
| Noninterest income | -21,000 | 9,000 | 8,000 | 64,000 |
| Noninterest expense | 623,000 | 1,278,000 | 1,948,000 | 2,479,000 |
| Provision for loan losses | -70,000 | -40,000 | -80,000 | -50,000 |
| Pretax income | 156,000 | 264,000 | 438,000 | 715,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 156,000 | 264,000 | 438,000 | 715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,534,000 | 9,501,000 | 9,637,000 | 9,796,000 |
| Total capital | 10,379,000 | 10,332,000 | 10,479,000 | 10,642,000 |
| Risk-weighted assets | 68,275,000 | 65,985,000 | 67,313,000 | 67,546,000 |