Call reports 2014
1ST CENTURY BANK, NATIONAL ASSOCIATION — 2014
What 1ST CENTURY BANK, NATIONAL ASSOCIATION 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 | 554,751,000 | 554,385,000 | 583,958,000 | 585,189,000 |
| Total loans | 376,064,000 | 412,713,000 | 418,727,000 | 442,856,000 |
| Allowance for loan losses | 7,252,000 | 7,367,000 | 7,577,000 | 7,599,000 |
| Securities available for sale | 102,550,000 | 78,060,000 | 71,378,000 | 79,689,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 4,000 | 21,000 | 1,000 | 23,000 |
| Total deposits | 471,382,000 | 471,760,000 | 500,322,000 | 507,105,000 |
| Interest-bearing deposits | 226,143,000 | 205,785,000 | 219,194,000 | 220,955,000 |
| Noninterest-bearing deposits | 245,239,000 | 265,975,000 | 281,128,000 | 286,150,000 |
| Equity capital | 54,048,000 | 55,150,000 | 55,811,000 | 57,756,000 |
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 | 4,538,000 | 9,234,000 | 14,069,000 | 19,214,000 |
| Interest expense | 192,000 | 379,000 | 565,000 | 755,000 |
| Net interest income | 4,346,000 | 8,855,000 | 13,504,000 | 18,459,000 |
| Noninterest income | 112,000 | 302,000 | 393,000 | 533,000 |
| Noninterest expense | 3,974,000 | 7,738,000 | 11,568,000 | 15,713,000 |
| Provision for loan losses | 0 | 100,000 | 100,000 | 100,000 |
| Pretax income | 737,000 | 2,105,000 | 3,211,000 | 4,357,000 |
| Income tax | 310,000 | 875,000 | 1,328,000 | 1,903,000 |
| Net income | 427,000 | 1,230,000 | 1,883,000 | 2,454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,694,000 | 53,923,000 | 54,803,000 | 57,283,000 |
| Total capital | 57,797,000 | 59,468,000 | 60,542,000 | 63,338,000 |
| Risk-weighted assets | 405,815,000 | 441,526,000 | 456,941,000 | 482,535,000 |