Call reports 2014
GLADEWATER NATIONAL BANK — 2014
What GLADEWATER NATIONAL BANK 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 | 54,121,000 | 56,715,000 | 55,749,000 | 61,249,000 |
| Total loans | 36,154,000 | 39,663,000 | 37,617,000 | 43,678,000 |
| Allowance for loan losses | 312,000 | 325,000 | 367,000 | 369,000 |
| Securities available for sale | 14,384,000 | 13,959,000 | 13,397,000 | 12,957,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,051,000 | 47,121,000 | 46,913,000 | 45,512,000 |
| Interest-bearing deposits | 39,029,000 | 39,388,000 | 39,415,000 | 37,924,000 |
| Noninterest-bearing deposits | 7,022,000 | 7,733,000 | 7,498,000 | 7,588,000 |
| Equity capital | 6,691,000 | 6,938,000 | 7,254,000 | 7,546,000 |
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 | 565,000 | 1,125,000 | 1,705,000 | 2,308,000 |
| Interest expense | 68,000 | 136,000 | 201,000 | 264,000 |
| Net interest income | 497,000 | 989,000 | 1,504,000 | 2,044,000 |
| Noninterest income | 1,370,000 | 2,902,000 | 4,691,000 | 6,403,000 |
| Noninterest expense | 1,720,000 | 3,514,000 | 5,299,000 | 7,180,000 |
| Provision for loan losses | 0 | 14,000 | 63,000 | 72,000 |
| Pretax income | 147,000 | 363,000 | 833,000 | 1,195,000 |
| Income tax | 44,000 | 108,000 | 273,000 | 382,000 |
| Net income | 103,000 | 255,000 | 560,000 | 813,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,762,000 | 6,914,000 | 7,220,000 | 7,471,000 |
| Total capital | 7,074,000 | 7,239,000 | 7,580,000 | 7,840,000 |
| Risk-weighted assets | 26,960,000 | 34,881,000 | 28,762,000 | 32,091,000 |