Call reports 2014
OLD FORT BANKING COMPANY, THE — 2014
What OLD FORT BANKING COMPANY, THE 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 | 434,677,000 | 432,421,000 | 438,940,000 | 454,194,000 |
| Total loans | 256,809,000 | 256,004,000 | 260,032,000 | 270,653,000 |
| Allowance for loan losses | 4,675,000 | 4,525,000 | 4,489,000 | 4,133,000 |
| Securities available for sale | 139,508,000 | 138,097,000 | 132,988,000 | 151,373,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 374,604,000 | 368,837,000 | 381,644,000 | 390,521,000 |
| Interest-bearing deposits | 320,940,000 | 314,204,000 | 324,228,000 | 327,987,000 |
| Noninterest-bearing deposits | 53,664,000 | 54,633,000 | 57,416,000 | 62,534,000 |
| Equity capital | 41,492,000 | 43,095,000 | 38,953,000 | 40,160,000 |
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 | 3,799,000 | 7,580,000 | 11,391,000 | 15,211,000 |
| Interest expense | 348,000 | 712,000 | 1,085,000 | 1,463,000 |
| Net interest income | 3,451,000 | 6,868,000 | 10,306,000 | 13,748,000 |
| Noninterest income | 619,000 | 1,337,000 | 2,155,000 | 2,872,000 |
| Noninterest expense | 2,834,000 | 5,625,000 | 8,524,000 | 11,377,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,131,000 | 2,571,000 | 3,922,000 | 5,296,000 |
| Income tax | 198,000 | 499,000 | 771,000 | 1,177,000 |
| Net income | 933,000 | 2,072,000 | 3,151,000 | 4,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,167,000 | 42,308,000 | 37,900,000 | 38,850,000 |
| Total capital | 44,777,000 | 45,926,000 | 41,568,000 | 42,676,000 |
| Risk-weighted assets | 283,877,000 | 284,112,000 | 288,244,000 | 301,110,000 |