Call reports 2015
PORTAGE COUNTY BANK, THE — 2015
What PORTAGE COUNTY BANK, THE 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 | 87,115,000 | 90,676,000 | 99,510,000 | 93,311,000 |
| Total loans | 61,209,000 | 63,971,000 | 63,238,000 | 59,886,000 |
| Allowance for loan losses | 1,011,000 | 1,026,000 | 1,023,000 | 967,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 15,857,000 | 18,318,000 | 17,158,000 | 18,440,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,078,000 | 78,970,000 | 87,673,000 | 83,477,000 |
| Interest-bearing deposits | 56,379,000 | 62,112,000 | 68,526,000 | 57,352,000 |
| Noninterest-bearing deposits | 18,699,000 | 16,858,000 | 19,147,000 | 26,125,000 |
| Equity capital | 11,350,000 | 11,495,000 | 11,586,000 | 9,700,000 |
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 | 842,000 | 1,714,000 | 2,589,000 | 3,451,000 |
| Interest expense | 75,000 | 158,000 | 256,000 | 350,000 |
| Net interest income | 767,000 | 1,556,000 | 2,333,000 | 3,101,000 |
| Noninterest income | 86,000 | 152,000 | 208,000 | 233,000 |
| Noninterest expense | 654,000 | 1,304,000 | 1,991,000 | 2,680,000 |
| Provision for loan losses | 15,000 | 30,000 | 30,000 | -20,000 |
| Pretax income | 184,000 | 374,000 | 520,000 | 674,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 184,000 | 374,000 | 520,000 | 674,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,350,000 | 11,495,000 | 11,586,000 | 9,700,000 |
| Total capital | 12,202,000 | 12,372,000 | 12,468,000 | 10,513,000 |
| Risk-weighted assets | 67,988,000 | 69,983,000 | 70,434,000 | 64,872,000 |