Call reports 2014
SOUTHWEST SECURITIES, FSB — 2014
What SOUTHWEST SECURITIES, FSB 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 | 1,264,206,000 | 1,259,711,000 | 1,228,630,000 | 1,192,209,000 |
| Total loans | 566,133,000 | 622,298,000 | 657,795,000 | 627,974,000 |
| Allowance for loan losses | 8,092,000 | 7,942,000 | 7,621,000 | 7,695,000 |
| Securities available for sale | 575,540,000 | 494,715,000 | 447,347,000 | 430,449,000 |
| Securities held to maturity | 13,553,000 | 12,549,000 | 11,482,000 | 10,579,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 995,874,000 | 1,000,597,000 | 971,813,000 | 938,276,000 |
| Interest-bearing deposits | 937,360,000 | 931,342,000 | 902,524,000 | 878,688,000 |
| Noninterest-bearing deposits | 58,514,000 | 69,255,000 | 69,289,000 | 59,588,000 |
| Equity capital | 170,318,000 | 174,106,000 | 174,214,000 | 174,609,000 |
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 | 9,201,000 | 18,656,000 | 28,108,000 | 37,299,000 |
| Interest expense | 696,000 | 1,279,000 | 1,818,000 | 2,322,000 |
| Net interest income | 8,505,000 | 17,377,000 | 26,290,000 | 34,977,000 |
| Noninterest income | -738,000 | -913,000 | -818,000 | -1,719,000 |
| Noninterest expense | 8,553,000 | 16,679,000 | 24,095,000 | 31,551,000 |
| Provision for loan losses | -1,578,000 | -2,070,000 | -2,240,000 | -2,240,000 |
| Pretax income | 1,275,000 | 2,636,000 | 4,414,000 | 4,744,000 |
| Income tax | 271,000 | 661,000 | 1,372,000 | 1,486,000 |
| Net income | 1,004,000 | 1,975,000 | 3,042,000 | 3,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 176,360,000 | 177,640,000 | 179,154,000 | 180,124,000 |
| Total capital | 184,452,000 | 185,582,000 | 186,775,000 | 187,939,000 |
| Risk-weighted assets | 673,847,000 | 725,600,000 | 728,984,000 | 690,664,000 |