Call reports 2014
SWEDISH-AMERICAN STATE BANK — 2014
What SWEDISH-AMERICAN STATE 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 | 45,544,000 | 46,035,000 | 48,710,000 | 54,218,000 |
| Total loans | 31,982,000 | 33,877,000 | 36,955,000 | 42,995,000 |
| Allowance for loan losses | 296,000 | 291,000 | 321,000 | 513,000 |
| Securities available for sale | 10,325,000 | 9,709,000 | 9,818,000 | 9,483,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,006,000 | 39,805,000 | 40,770,000 | 44,931,000 |
| Interest-bearing deposits | 34,044,000 | 33,692,000 | 35,241,000 | 37,775,000 |
| Noninterest-bearing deposits | 6,962,000 | 6,113,000 | 5,529,000 | 7,156,000 |
| Equity capital | 3,787,000 | 4,023,000 | 4,067,000 | 3,994,000 |
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 | 481,000 | 964,000 | 1,484,000 | 2,036,000 |
| Interest expense | 45,000 | 90,000 | 141,000 | 195,000 |
| Net interest income | 436,000 | 874,000 | 1,343,000 | 1,841,000 |
| Noninterest income | 23,000 | 41,000 | 67,000 | 92,000 |
| Noninterest expense | 312,000 | 594,000 | 966,000 | 1,332,000 |
| Provision for loan losses | 60,000 | 60,000 | 90,000 | 285,000 |
| Pretax income | 87,000 | 270,000 | 369,000 | 331,000 |
| Income tax | 28,000 | 54,000 | 103,000 | 112,000 |
| Net income | 59,000 | 216,000 | 266,000 | 219,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,878,000 | 4,034,000 | 4,084,000 | 3,988,000 |
| Total capital | 4,174,000 | 4,325,000 | 4,405,000 | 4,501,000 |
| Risk-weighted assets | 31,558,000 | 33,293,000 | 35,669,000 | 41,478,000 |