Call reports 2013
ADVANCE BANK — 2013
What ADVANCE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 |
|---|---|---|---|
| Total assets | 58,680,000 | 57,255,000 | 54,193,000 |
| Total loans | 44,330,000 | 41,845,000 | 40,491,000 |
| Allowance for loan losses | 739,000 | 711,000 | 595,000 |
| Securities available for sale | 3,490,000 | 3,323,000 | 3,153,000 |
| Securities held to maturity | 0 | 250,000 | 250,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 47,728,000 | 46,365,000 | 43,400,000 |
| Interest-bearing deposits | 44,795,000 | 43,601,000 | 40,587,000 |
| Noninterest-bearing deposits | 2,933,000 | 2,764,000 | 2,813,000 |
| Equity capital | 5,767,000 | 5,646,000 | 5,545,000 |
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 |
|---|---|---|---|
| Interest income | 720,000 | 1,430,000 | 2,091,000 |
| Interest expense | 109,000 | 212,000 | 306,000 |
| Net interest income | 611,000 | 1,218,000 | 1,785,000 |
| Noninterest income | 6,000 | 88,000 | 143,000 |
| Noninterest expense | 718,000 | 1,440,000 | 2,135,000 |
| Provision for loan losses | 0 | 0 | -75,000 |
| Pretax income | -101,000 | -134,000 | -132,000 |
| Income tax | -41,000 | -58,000 | -62,000 |
| Net income | -60,000 | -76,000 | -70,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 |
|---|---|---|---|
| Tier 1 capital | 4,965,000 | 4,876,000 | 4,821,000 |
| Total capital | 5,419,000 | 5,319,000 | 5,251,000 |
| Risk-weighted assets | 36,048,000 | 35,187,000 | 34,279,000 |