Call reports 2014
GARRETT STATE BANK, THE — 2014
What GARRETT STATE 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 | 195,643,000 | 207,035,000 | 199,496,000 | 207,591,000 |
| Total loans | 141,094,000 | 143,829,000 | 147,617,000 | 150,812,000 |
| Allowance for loan losses | 1,869,000 | 1,836,000 | 1,910,000 | 1,864,000 |
| Securities available for sale | 46,330,000 | 44,358,000 | 42,110,000 | 40,439,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,717,000 | 167,908,000 | 159,878,000 | 167,409,000 |
| Interest-bearing deposits | 136,771,000 | 145,201,000 | 137,146,000 | 142,344,000 |
| Noninterest-bearing deposits | 21,946,000 | 22,707,000 | 22,732,000 | 25,065,000 |
| Equity capital | 17,672,000 | 18,369,000 | 18,755,000 | 19,144,000 |
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 | 2,084,000 | 4,162,000 | 6,289,000 | 8,423,000 |
| Interest expense | 350,000 | 696,000 | 1,043,000 | 1,375,000 |
| Net interest income | 1,734,000 | 3,466,000 | 5,246,000 | 7,048,000 |
| Noninterest income | 120,000 | 240,000 | 358,000 | 492,000 |
| Noninterest expense | 996,000 | 1,974,000 | 2,976,000 | 4,170,000 |
| Provision for loan losses | 105,000 | 210,000 | 285,000 | 345,000 |
| Pretax income | 753,000 | 1,522,000 | 2,343,000 | 3,025,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 753,000 | 1,522,000 | 2,343,000 | 3,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,932,000 | 18,281,000 | 18,667,000 | 18,849,000 |
| Total capital | 19,313,000 | 19,675,000 | 20,077,000 | 20,275,000 |
| Risk-weighted assets | 110,028,000 | 111,061,000 | 112,329,000 | 113,658,000 |