Call reports 2014
1ST STATE BANK OF MASON CITY — 2014
What 1ST STATE BANK OF MASON CITY 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 | 30,596,000 | 29,706,000 | 28,932,000 | 29,284,000 |
| Total loans | 11,932,000 | 11,956,000 | 12,241,000 | 12,530,000 |
| Allowance for loan losses | 109,000 | 112,000 | 122,000 | 120,000 |
| Securities available for sale | 9,228,000 | 9,659,000 | 9,305,000 | 8,594,000 |
| Securities held to maturity | 1,359,000 | 1,292,000 | 1,216,000 | 1,126,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,367,000 | 26,337,000 | 25,460,000 | 25,665,000 |
| Interest-bearing deposits | 23,050,000 | 22,483,000 | 22,258,000 | 21,969,000 |
| Noninterest-bearing deposits | 4,317,000 | 3,854,000 | 3,202,000 | 3,696,000 |
| Equity capital | 3,199,000 | 3,349,000 | 3,460,000 | 3,576,000 |
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 | 215,000 | 437,000 | 658,000 | 873,000 |
| Interest expense | 31,000 | 62,000 | 91,000 | 121,000 |
| Net interest income | 184,000 | 375,000 | 567,000 | 752,000 |
| Noninterest income | 24,000 | 53,000 | 82,000 | 115,000 |
| Noninterest expense | 135,000 | 275,000 | 401,000 | 548,000 |
| Provision for loan losses | 0 | 0 | 7,000 | 30,000 |
| Pretax income | 73,000 | 153,000 | 241,000 | 308,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 73,000 | 153,000 | 241,000 | 308,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,299,000 | 3,379,000 | 3,467,000 | 3,534,000 |
| Total capital | 3,408,000 | 3,491,000 | 3,589,000 | 3,654,000 |
| Risk-weighted assets | 13,367,000 | 13,165,000 | 13,293,000 | 13,187,000 |