Call reports 2014
SHORE BANK — 2014
What SHORE BANK 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 | 326,469,000 | 330,176,000 | 336,399,000 | 338,672,000 |
| Total loans | 247,658,000 | 249,430,000 | 267,584,000 | 277,952,000 |
| Allowance for loan losses | 3,247,000 | 2,502,000 | 2,864,000 | 2,974,000 |
| Securities available for sale | 44,824,000 | 44,914,000 | 42,773,000 | 34,848,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 265,357,000 | 267,024,000 | 281,652,000 | 281,106,000 |
| Interest-bearing deposits | 215,465,000 | 213,291,000 | 225,959,000 | 227,180,000 |
| Noninterest-bearing deposits | 49,892,000 | 53,733,000 | 55,693,000 | 53,926,000 |
| Equity capital | 34,823,000 | 36,382,000 | 36,610,000 | 37,220,000 |
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 | 3,315,000 | 6,615,000 | 10,054,000 | 13,620,000 |
| Interest expense | 394,000 | 797,000 | 1,199,000 | 1,605,000 |
| Net interest income | 2,921,000 | 5,818,000 | 8,855,000 | 12,015,000 |
| Noninterest income | 618,000 | 1,597,000 | 2,366,000 | 3,193,000 |
| Noninterest expense | 2,974,000 | 5,829,000 | 9,218,000 | 12,661,000 |
| Provision for loan losses | 300,000 | 300,000 | 300,000 | 400,000 |
| Pretax income | 265,000 | 1,294,000 | 1,732,000 | 2,178,000 |
| Income tax | 7,000 | 25,000 | -6,000 | -8,000 |
| Net income | 258,000 | 1,269,000 | 1,738,000 | 2,186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,988,000 | 35,147,000 | 35,765,000 | 36,362,000 |
| Total capital | 36,943,000 | 37,649,000 | 38,629,000 | 39,336,000 |
| Risk-weighted assets | 236,080,000 | 242,169,000 | 257,214,000 | 265,921,000 |