Call reports 2014
ERGO BANK — 2014
What ERGO 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 | 78,017,000 | 77,230,000 | 76,720,000 | 78,441,000 |
| Total loans | 38,539,000 | 40,555,000 | 40,991,000 | 40,889,000 |
| Allowance for loan losses | 936,000 | 923,000 | 1,018,000 | 938,000 |
| Securities available for sale | 30,882,000 | 30,791,000 | 29,439,000 | 29,098,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,955,000 | 61,910,000 | 62,422,000 | 64,047,000 |
| Interest-bearing deposits | 60,441,000 | 56,589,000 | 56,503,000 | 58,980,000 |
| Noninterest-bearing deposits | 4,514,000 | 5,320,000 | 5,919,000 | 5,067,000 |
| Equity capital | 10,296,000 | 10,425,000 | 10,486,000 | 10,717,000 |
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 | 725,000 | 1,473,000 | 2,269,000 | 3,055,000 |
| Interest expense | 64,000 | 124,000 | 188,000 | 248,000 |
| Net interest income | 661,000 | 1,349,000 | 2,081,000 | 2,807,000 |
| Noninterest income | 83,000 | 150,000 | 181,000 | 229,000 |
| Noninterest expense | 600,000 | 1,214,000 | 1,748,000 | 2,228,000 |
| Provision for loan losses | -49,000 | -49,000 | 34,000 | -28,000 |
| Pretax income | 193,000 | 334,000 | 516,000 | 872,000 |
| Income tax | 10,000 | 22,000 | 59,000 | 100,000 |
| Net income | 183,000 | 312,000 | 457,000 | 772,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,849,000 | 9,559,000 | 9,628,000 | 9,973,000 |
| Total capital | 10,433,000 | 10,204,000 | 10,228,000 | 10,569,000 |
| Risk-weighted assets | 46,328,000 | 51,290,000 | 48,295,000 | 47,358,000 |