Call reports 2013
NEW FRONTIER BANK — 2013
What NEW FRONTIER 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 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 116,542,000 | 109,417,000 | 104,905,000 | 96,279,000 |
| Total loans | 67,219,000 | 62,451,000 | 59,596,000 | 60,571,000 |
| Allowance for loan losses | 2,697,000 | 2,739,000 | 2,770,000 | 2,597,000 |
| Securities available for sale | 22,494,000 | 21,075,000 | 20,054,000 | 19,278,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,019,000 | 101,640,000 | 97,104,000 | 88,597,000 |
| Interest-bearing deposits | 92,047,000 | 86,488,000 | 82,589,000 | 74,275,000 |
| Noninterest-bearing deposits | 15,972,000 | 15,152,000 | 14,515,000 | 14,322,000 |
| Equity capital | 7,353,000 | 7,010,000 | 7,027,000 | 6,888,000 |
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 | 1,025,000 | 2,020,000 | 2,961,000 | 3,968,000 |
| Interest expense | 144,000 | 266,000 | 380,000 | 475,000 |
| Net interest income | 881,000 | 1,754,000 | 2,581,000 | 3,493,000 |
| Noninterest income | 153,000 | 322,000 | 484,000 | 372,000 |
| Noninterest expense | 1,060,000 | 2,069,000 | 3,101,000 | 4,051,000 |
| Provision for loan losses | 30,000 | 60,000 | 75,000 | 0 |
| Pretax income | -56,000 | 10,000 | -48,000 | -123,000 |
| Income tax | 0 | 0 | 0 | -1,000 |
| Net income | -56,000 | 10,000 | -48,000 | -122,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,283,000 | 7,349,000 | 7,291,000 | 7,217,000 |
| Total capital | 8,258,000 | 8,267,000 | 8,180,000 | 8,093,000 |
| Risk-weighted assets | 76,277,000 | 71,649,000 | 69,253,000 | 68,320,000 |