Call reports 2015
STATE EXCHANGE BANK, THE — 2015
What STATE EXCHANGE BANK, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 57,653,000 | 55,341,000 | 53,507,000 | 52,051,000 |
| Total loans | 36,499,000 | 41,116,000 | 42,353,000 | 42,067,000 |
| Allowance for loan losses | 1,983,000 | 1,988,000 | 2,002,000 | 1,992,000 |
| Securities available for sale | 3,878,000 | 4,263,000 | 4,060,000 | 4,582,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,264,000 | 45,967,000 | 41,714,000 | 42,285,000 |
| Interest-bearing deposits | 23,985,000 | 23,839,000 | 26,426,000 | 27,879,000 |
| Noninterest-bearing deposits | 24,279,000 | 22,127,000 | 15,288,000 | 14,405,000 |
| Equity capital | 6,284,000 | 6,346,000 | 6,545,000 | 6,231,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 582,000 | 1,088,000 | 1,784,000 | 2,434,000 |
| Interest expense | 45,000 | 98,000 | 154,000 | 213,000 |
| Net interest income | 537,000 | 990,000 | 1,630,000 | 2,221,000 |
| Noninterest income | 19,000 | 125,000 | 165,000 | 184,000 |
| Noninterest expense | 349,000 | 782,000 | 1,127,000 | 1,611,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 207,000 | 333,000 | 669,000 | 795,000 |
| Income tax | 79,000 | 125,000 | 254,000 | 307,000 |
| Net income | 128,000 | 208,000 | 415,000 | 488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,249,000 | 6,329,000 | 6,536,000 | 6,209,000 |
| Total capital | 6,709,000 | 6,867,000 | 7,084,000 | 6,761,000 |
| Risk-weighted assets | 35,250,000 | 41,602,000 | 42,368,000 | 42,726,000 |