Call reports 2013
PEOPLES STATE BANK OF VELVA — 2013
What PEOPLES STATE BANK OF VELVA reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 86,950,000 | 85,062,000 | 87,061,000 | 87,985,000 |
| Total loans | 54,321,000 | 61,715,000 | 66,608,000 | 65,276,000 |
| Allowance for loan losses | 649,000 | 646,000 | 686,000 | 717,000 |
| Securities available for sale | 9,252,000 | 9,701,000 | 10,556,000 | 10,310,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,964,000 | 76,222,000 | 76,161,000 | 79,119,000 |
| Interest-bearing deposits | 64,235,000 | 63,774,000 | 63,107,000 | 64,159,000 |
| Noninterest-bearing deposits | 13,729,000 | 12,448,000 | 13,054,000 | 14,960,000 |
| Equity capital | 7,683,000 | 7,543,000 | 7,518,000 | 7,583,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 886,000 | 1,765,000 | 2,809,000 | 3,858,000 |
| Interest expense | 159,000 | 317,000 | 471,000 | 625,000 |
| Net interest income | 727,000 | 1,448,000 | 2,338,000 | 3,233,000 |
| Noninterest income | 39,000 | 77,000 | 116,000 | 154,000 |
| Noninterest expense | 510,000 | 1,064,000 | 1,674,000 | 2,350,000 |
| Provision for loan losses | 232,000 | 232,000 | 272,000 | 317,000 |
| Pretax income | 24,000 | 405,000 | 684,000 | 896,000 |
| Income tax | 10,000 | -15,000 | -15,000 | -15,000 |
| Net income | 14,000 | 420,000 | 699,000 | 911,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,915,000 | 7,227,000 | 7,445,000 | 7,538,000 |
| Total capital | 7,564,000 | 7,873,000 | 8,131,000 | 8,255,000 |
| Risk-weighted assets | 63,431,000 | 67,305,000 | 73,341,000 | 73,037,000 |