Call reports 2014
SAGE CAPITAL BANK — 2014
What SAGE CAPITAL 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 | 341,333,000 | 332,151,000 | 344,353,000 | 372,926,000 |
| Total loans | 164,398,000 | 163,311,000 | 171,910,000 | 170,869,000 |
| Allowance for loan losses | 2,324,000 | 2,389,000 | 2,433,000 | 2,463,000 |
| Securities available for sale | 52,111,000 | 51,104,000 | 80,347,000 | 80,140,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 308,413,000 | 298,401,000 | 310,154,000 | 337,675,000 |
| Interest-bearing deposits | 217,757,000 | 209,368,000 | 212,099,000 | 232,515,000 |
| Noninterest-bearing deposits | 90,656,000 | 89,033,000 | 98,055,000 | 105,160,000 |
| Equity capital | 31,703,000 | 32,517,000 | 32,834,000 | 33,909,000 |
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 | 2,658,000 | 5,426,000 | 8,357,000 | 11,313,000 |
| Interest expense | 169,000 | 317,000 | 467,000 | 617,000 |
| Net interest income | 2,489,000 | 5,109,000 | 7,890,000 | 10,696,000 |
| Noninterest income | 393,000 | 775,000 | 1,177,000 | 1,566,000 |
| Noninterest expense | 2,090,000 | 4,151,000 | 6,228,000 | 8,425,000 |
| Provision for loan losses | 60,000 | 120,000 | 160,000 | 190,000 |
| Pretax income | 732,000 | 1,613,000 | 2,679,000 | 3,647,000 |
| Income tax | 204,000 | 458,000 | 765,000 | 988,000 |
| Net income | 528,000 | 1,155,000 | 1,914,000 | 2,659,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,460,000 | 29,087,000 | 29,645,000 | 30,390,000 |
| Total capital | 30,772,000 | 31,424,000 | 32,100,000 | 32,995,000 |
| Risk-weighted assets | 184,801,000 | 186,698,000 | 196,208,000 | 208,300,000 |