Call reports 2014
STATE EXCHANGE BANK, THE — 2014
What STATE EXCHANGE BANK, THE 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 | 47,073,000 | 52,023,000 | 50,233,000 | 49,890,000 |
| Total loans | 34,704,000 | 37,419,000 | 34,823,000 | 39,689,000 |
| Allowance for loan losses | 1,958,000 | 1,964,000 | 1,977,000 | 1,983,000 |
| Securities available for sale | 3,529,000 | 3,793,000 | 3,713,000 | 3,633,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,830,000 | 44,531,000 | 42,517,000 | 40,408,000 |
| Interest-bearing deposits | 24,287,000 | 26,362,000 | 24,211,000 | 23,271,000 |
| Noninterest-bearing deposits | 15,543,000 | 18,170,000 | 18,307,000 | 17,137,000 |
| Equity capital | 6,179,000 | 6,370,000 | 6,539,000 | 6,151,000 |
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 | 534,000 | 1,142,000 | 1,762,000 | 2,327,000 |
| Interest expense | 44,000 | 89,000 | 134,000 | 179,000 |
| Net interest income | 490,000 | 1,053,000 | 1,628,000 | 2,148,000 |
| Noninterest income | 22,000 | 140,000 | 159,000 | 177,000 |
| Noninterest expense | 299,000 | 697,000 | 1,024,000 | 1,499,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 206,000 | 489,000 | 756,000 | 819,000 |
| Income tax | -45,000 | 62,000 | 164,000 | 220,000 |
| Net income | 251,000 | 427,000 | 592,000 | 599,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,173,000 | 6,349,000 | 6,514,000 | 6,121,000 |
| Total capital | 6,591,000 | 6,838,000 | 6,968,000 | 6,601,000 |
| Risk-weighted assets | 31,881,000 | 37,681,000 | 34,809,000 | 36,935,000 |