Call reports 2014
FIRST BANK OF CHARLESTON, INC. — 2014
What FIRST BANK OF CHARLESTON, INC. 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 | 209,263,000 | 210,672,000 | 210,936,000 | 209,086,000 |
| Total loans | 147,767,000 | 148,131,000 | 150,800,000 | 151,693,000 |
| Allowance for loan losses | 2,808,000 | 2,868,000 | 3,148,000 | 3,527,000 |
| Securities available for sale | 51,424,000 | 51,591,000 | 50,828,000 | 49,182,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,170,000 | 150,769,000 | 145,064,000 | 136,954,000 |
| Interest-bearing deposits | 127,660,000 | 135,294,000 | 130,732,000 | 122,392,000 |
| Noninterest-bearing deposits | 16,510,000 | 15,474,000 | 14,331,000 | 14,563,000 |
| Equity capital | 23,772,000 | 24,249,000 | 24,476,000 | 24,527,000 |
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 | 1,990,000 | 4,081,000 | 6,174,000 | 8,221,000 |
| Interest expense | 269,000 | 532,000 | 797,000 | 1,051,000 |
| Net interest income | 1,721,000 | 3,549,000 | 5,377,000 | 7,170,000 |
| Noninterest income | 173,000 | 317,000 | 462,000 | 583,000 |
| Noninterest expense | 959,000 | 1,849,000 | 2,808,000 | 3,770,000 |
| Provision for loan losses | 150,000 | 300,000 | 550,000 | 1,000,000 |
| Pretax income | 785,000 | 1,717,000 | 2,481,000 | 2,983,000 |
| Income tax | 315,000 | 699,000 | 1,007,000 | 1,219,000 |
| Net income | 470,000 | 1,018,000 | 1,474,000 | 1,764,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,700,000 | 24,078,000 | 24,380,000 | 24,508,000 |
| Total capital | 25,671,000 | 26,076,000 | 26,402,000 | 26,536,000 |
| Risk-weighted assets | 156,908,000 | 158,914,000 | 160,628,000 | 160,715,000 |