Call reports 2014
FIRST NATIONAL BANK OF STERLING CITY, THE — 2014
What FIRST NATIONAL BANK OF STERLING CITY, 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 | 153,808,000 | 162,168,000 | 158,066,000 | 166,493,000 |
| Total loans | 29,553,000 | 32,285,000 | 36,193,000 | 35,541,000 |
| Allowance for loan losses | 303,000 | 325,000 | 323,000 | 396,000 |
| Securities available for sale | 94,932,000 | 102,262,000 | 102,761,000 | 102,691,000 |
| Securities held to maturity | 499,000 | 496,000 | 1,428,000 | 1,424,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,012,000 | 150,749,000 | 146,666,000 | 154,568,000 |
| Interest-bearing deposits | 87,262,000 | 93,813,000 | 89,179,000 | 96,465,000 |
| Noninterest-bearing deposits | 55,749,000 | 56,936,000 | 57,486,000 | 58,103,000 |
| Equity capital | 10,723,000 | 11,301,000 | 11,255,000 | 11,856,000 |
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 | 958,000 | 1,928,000 | 2,954,000 | 3,996,000 |
| Interest expense | 35,000 | 73,000 | 110,000 | 145,000 |
| Net interest income | 923,000 | 1,855,000 | 2,844,000 | 3,851,000 |
| Noninterest income | 67,000 | 168,000 | 260,000 | 363,000 |
| Noninterest expense | 681,000 | 1,361,000 | 2,065,000 | 2,817,000 |
| Provision for loan losses | 0 | 10,000 | 20,000 | 120,000 |
| Pretax income | 309,000 | 652,000 | 1,019,000 | 1,277,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 309,000 | 652,000 | 1,019,000 | 1,277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,598,000 | 12,790,000 | 13,137,000 | 12,723,000 |
| Total capital | 12,901,000 | 13,115,000 | 13,460,000 | 13,119,000 |
| Risk-weighted assets | 49,102,000 | 53,685,000 | 58,661,000 | 57,986,000 |