Call reports 2013
STATE EXCHANGE BANK, THE — 2013
What STATE EXCHANGE BANK, THE 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 | 53,455,000 | 48,527,000 | 42,168,000 | 44,609,000 |
| Total loans | 30,405,000 | 31,839,000 | 31,517,000 | 34,031,000 |
| Allowance for loan losses | 1,694,000 | 1,828,000 | 1,895,000 | 1,919,000 |
| Securities available for sale | 3,046,000 | 2,698,000 | 3,541,000 | 3,453,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,257,000 | 40,350,000 | 33,888,000 | 36,283,000 |
| Interest-bearing deposits | 24,158,000 | 23,143,000 | 22,659,000 | 23,441,000 |
| Noninterest-bearing deposits | 20,098,000 | 17,208,000 | 11,230,000 | 12,842,000 |
| Equity capital | 6,099,000 | 6,150,000 | 6,251,000 | 5,897,000 |
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 | 525,000 | 1,058,000 | 1,586,000 | 2,118,000 |
| Interest expense | 64,000 | 116,000 | 164,000 | 210,000 |
| Net interest income | 461,000 | 942,000 | 1,422,000 | 1,908,000 |
| Noninterest income | 7,000 | 59,000 | 79,000 | 87,000 |
| Noninterest expense | 307,000 | 687,000 | 1,014,000 | 1,429,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 162,000 | 315,000 | 488,000 | 567,000 |
| Income tax | 65,000 | 123,000 | 189,000 | 221,000 |
| Net income | 97,000 | 192,000 | 299,000 | 346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,072,000 | 6,169,000 | 6,275,000 | 5,922,000 |
| Total capital | 6,426,000 | 6,559,000 | 6,641,000 | 6,327,000 |
| Risk-weighted assets | 27,041,000 | 29,731,000 | 27,945,000 | 30,853,000 |