Call reports 2014
COVINGTON SAVINGS AND LOAN ASSOCIATION, THE — 2014
What COVINGTON SAVINGS AND LOAN ASSOCIATION, 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 | 65,940,000 | 64,354,000 | 62,898,000 | 62,815,000 |
| Total loans | 28,489,000 | 27,698,000 | 26,624,000 | 26,271,000 |
| Allowance for loan losses | 232,000 | 233,000 | 233,000 | 232,000 |
| Securities available for sale | 12,622,000 | 12,339,000 | 16,196,000 | 18,094,000 |
| Securities held to maturity | 982,000 | 2,969,000 | 2,922,000 | 2,906,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,184,000 | 54,442,000 | 53,017,000 | 52,799,000 |
| Interest-bearing deposits | 51,004,000 | 52,445,000 | 48,365,000 | 48,182,000 |
| Noninterest-bearing deposits | 5,180,000 | 1,997,000 | 4,652,000 | 4,617,000 |
| Equity capital | 9,604,000 | 9,692,000 | 9,685,000 | 9,798,000 |
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 | 402,000 | 796,000 | 1,185,000 | 1,573,000 |
| Interest expense | 18,000 | 36,000 | 53,000 | 69,000 |
| Net interest income | 384,000 | 760,000 | 1,132,000 | 1,504,000 |
| Noninterest income | 50,000 | 105,000 | 160,000 | 210,000 |
| Noninterest expense | 415,000 | 802,000 | 1,212,000 | 1,584,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 19,000 | 63,000 | 80,000 | 130,000 |
| Income tax | 10,000 | 23,000 | 28,000 | 41,000 |
| Net income | 9,000 | 40,000 | 52,000 | 89,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,687,000 | 9,718,000 | 9,718,000 | 9,756,000 |
| Total capital | 9,919,000 | 9,951,000 | 9,951,000 | 9,988,000 |
| Risk-weighted assets | 25,542,000 | 24,330,000 | 23,690,000 | 23,530,000 |