Call reports 2014
SMARTBIZ BANK, N.A. — 2014
What SMARTBIZ BANK, N.A. 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 | 62,643,000 | 64,192,000 | 64,441,000 | 66,511,000 |
| Total loans | 37,191,000 | 37,575,000 | 40,830,000 | 44,050,000 |
| Allowance for loan losses | 973,000 | 793,000 | 657,000 | 650,000 |
| Securities available for sale | 9,576,000 | 9,036,000 | 8,479,000 | 8,012,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,551,000 | 57,141,000 | 57,674,000 | 59,248,000 |
| Interest-bearing deposits | 50,311,000 | 50,949,000 | 52,375,000 | 54,483,000 |
| Noninterest-bearing deposits | 5,240,000 | 6,192,000 | 5,299,000 | 4,765,000 |
| Equity capital | 6,229,000 | 5,999,000 | 5,770,000 | 5,938,000 |
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 | 489,000 | 968,000 | 1,491,000 | 2,053,000 |
| Interest expense | 74,000 | 149,000 | 229,000 | 314,000 |
| Net interest income | 415,000 | 819,000 | 1,262,000 | 1,739,000 |
| Noninterest income | 190,000 | 231,000 | 307,000 | 253,000 |
| Noninterest expense | 930,000 | 1,917,000 | 2,821,000 | 3,796,000 |
| Provision for loan losses | 225,000 | 365,000 | 405,000 | 95,000 |
| Pretax income | -550,000 | -1,232,000 | -1,657,000 | -1,899,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -550,000 | -1,232,000 | -1,657,000 | -1,899,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,239,000 | 6,006,000 | 5,782,000 | 5,940,000 |
| Total capital | 6,830,000 | 6,612,000 | 6,422,000 | 6,590,000 |
| Risk-weighted assets | 46,882,000 | 48,299,000 | 51,193,000 | 52,914,000 |