Call reports 2014
FIRST RESOURCE BANK — 2014
What FIRST RESOURCE 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 | 162,498,000 | 166,265,000 | 171,187,000 | 180,528,000 |
| Total loans | 139,802,000 | 143,296,000 | 150,230,000 | 157,326,000 |
| Allowance for loan losses | 1,342,000 | 1,371,000 | 1,302,000 | 1,317,000 |
| Securities available for sale | 8,949,000 | 8,551,000 | 8,102,000 | 9,821,000 |
| Securities held to maturity | 1,673,000 | 1,664,000 | 1,652,000 | 1,641,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,953,000 | 138,792,000 | 142,730,000 | 143,348,000 |
| Interest-bearing deposits | 131,643,000 | 130,172,000 | 131,259,000 | 133,993,000 |
| Noninterest-bearing deposits | 7,310,000 | 8,620,000 | 11,471,000 | 9,355,000 |
| Equity capital | 17,264,000 | 17,587,000 | 17,823,000 | 18,025,000 |
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 | 1,806,000 | 3,651,000 | 5,535,000 | 7,539,000 |
| Interest expense | 347,000 | 687,000 | 1,030,000 | 1,385,000 |
| Net interest income | 1,459,000 | 2,964,000 | 4,505,000 | 6,154,000 |
| Noninterest income | 93,000 | 168,000 | 284,000 | 435,000 |
| Noninterest expense | 1,023,000 | 2,139,000 | 3,312,000 | 4,490,000 |
| Provision for loan losses | 97,000 | 125,000 | 241,000 | 537,000 |
| Pretax income | 432,000 | 868,000 | 1,236,000 | 1,612,000 |
| Income tax | 136,000 | 272,000 | 386,000 | 507,000 |
| Net income | 296,000 | 596,000 | 850,000 | 1,105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,146,000 | 17,439,000 | 17,686,000 | 17,933,000 |
| Total capital | 18,488,000 | 18,810,000 | 18,988,000 | 19,250,000 |
| Risk-weighted assets | 131,935,000 | 136,240,000 | 142,126,000 | 148,687,000 |