Call reports 2014
PORTAGE COUNTY BANK, THE — 2014
What PORTAGE COUNTY 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 | 94,487,000 | 89,249,000 | 95,030,000 | 93,846,000 |
| Total loans | 65,052,000 | 65,647,000 | 65,625,000 | 62,810,000 |
| Allowance for loan losses | 966,000 | 985,000 | 1,000,000 | 996,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 11,473,000 | 14,082,000 | 13,861,000 | 12,316,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,976,000 | 77,538,000 | 83,413,000 | 82,169,000 |
| Interest-bearing deposits | 67,338,000 | 63,258,000 | 66,925,000 | 55,431,000 |
| Noninterest-bearing deposits | 15,638,000 | 14,280,000 | 16,488,000 | 26,738,000 |
| Equity capital | 11,341,000 | 11,522,000 | 11,345,000 | 11,476,000 |
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 | 867,000 | 1,798,000 | 2,717,000 | 3,614,000 |
| Interest expense | 120,000 | 236,000 | 336,000 | 424,000 |
| Net interest income | 747,000 | 1,562,000 | 2,381,000 | 3,190,000 |
| Noninterest income | 53,000 | 118,000 | 181,000 | 241,000 |
| Noninterest expense | 676,000 | 1,336,000 | 1,999,000 | 2,640,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 109,000 | 314,000 | 518,000 | 731,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 109,000 | 314,000 | 518,000 | 731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,341,000 | 11,522,000 | 11,345,000 | 11,476,000 |
| Total capital | 12,187,000 | 12,366,000 | 12,193,000 | 12,290,000 |
| Risk-weighted assets | 67,982,000 | 67,355,000 | 67,702,000 | 64,961,000 |