Call reports 2014
INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. — 2014
What INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. 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 | 68,312,000 | 73,471,000 | 71,128,000 | 85,025,000 |
| Total loans | 20,585,000 | 20,651,000 | 20,473,000 | 22,952,000 |
| Allowance for loan losses | 562,000 | 262,000 | 262,000 | 275,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,439,000 | 60,581,000 | 58,054,000 | 59,867,000 |
| Interest-bearing deposits | 0 | 0 | 0 | 0 |
| Noninterest-bearing deposits | 55,439,000 | 60,581,000 | 58,054,000 | 59,867,000 |
| Equity capital | 12,240,000 | 12,229,000 | 12,356,000 | 12,467,000 |
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 | 256,000 | 517,000 | 770,000 | 1,035,000 |
| Interest expense | 12,000 | 22,000 | 33,000 | 43,000 |
| Net interest income | 244,000 | 495,000 | 737,000 | 992,000 |
| Noninterest income | 990,000 | 1,554,000 | 2,622,000 | 3,664,000 |
| Noninterest expense | 1,081,000 | 2,213,000 | 3,319,000 | 4,423,000 |
| Provision for loan losses | 0 | -300,000 | -300,000 | -287,000 |
| Pretax income | 153,000 | 136,000 | 340,000 | 520,000 |
| Income tax | 58,000 | 52,000 | 129,000 | 198,000 |
| Net income | 95,000 | 84,000 | 211,000 | 322,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,240,000 | 12,229,000 | 12,356,000 | 12,467,000 |
| Total capital | 12,573,000 | 12,491,000 | 12,618,000 | 12,742,000 |
| Risk-weighted assets | 26,419,000 | 26,364,000 | 27,542,000 | 26,714,000 |