Call reports 2014
FOUNDATIONS BANK — 2014
What FOUNDATIONS 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 | 117,242,000 | 125,090,000 | 128,726,000 | 125,387,000 |
| Total loans | 78,192,000 | 77,516,000 | 77,988,000 | 78,037,000 |
| Allowance for loan losses | 2,571,000 | 2,571,000 | 2,571,000 | 2,571,000 |
| Securities available for sale | 23,035,000 | 22,323,000 | 24,787,000 | 25,890,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,580,000 | 98,622,000 | 102,168,000 | 98,674,000 |
| Interest-bearing deposits | 82,515,000 | 81,149,000 | 81,812,000 | 81,091,000 |
| Noninterest-bearing deposits | 16,065,000 | 17,473,000 | 20,356,000 | 17,583,000 |
| Equity capital | 16,086,000 | 21,840,000 | 22,001,000 | 22,208,000 |
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 | 1,045,000 | 2,076,000 | 3,109,000 | 4,123,000 |
| Interest expense | 173,000 | 333,000 | 483,000 | 611,000 |
| Net interest income | 872,000 | 1,743,000 | 2,626,000 | 3,512,000 |
| Noninterest income | 82,000 | 180,000 | 268,000 | 349,000 |
| Noninterest expense | 713,000 | 1,460,000 | 2,142,000 | 2,855,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 241,000 | 463,000 | 752,000 | 1,006,000 |
| Income tax | 0 | -5,470,000 | -5,361,000 | -5,268,000 |
| Net income | 241,000 | 5,933,000 | 6,113,000 | 6,274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,447,000 | 15,689,000 | 15,966,000 | 16,329,000 |
| Total capital | 16,447,000 | 16,691,000 | 16,977,000 | 17,332,000 |
| Risk-weighted assets | 78,399,000 | 78,587,000 | 79,291,000 | 78,711,000 |