Call reports 2014
FORWARD BANK — 2014
What FORWARD 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 | 324,340,000 | 328,155,000 | 322,176,000 | 330,812,000 |
| Total loans | 255,476,000 | 258,607,000 | 255,006,000 | 258,975,000 |
| Allowance for loan losses | 3,020,000 | 3,104,000 | 3,221,000 | 2,965,000 |
| Securities available for sale | 10,529,000 | 10,071,000 | 9,565,000 | 9,405,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,481,000 | 253,985,000 | 248,550,000 | 261,784,000 |
| Interest-bearing deposits | 187,441,000 | 184,153,000 | 183,352,000 | 185,857,000 |
| Noninterest-bearing deposits | 66,040,000 | 69,832,000 | 65,198,000 | 75,927,000 |
| Equity capital | 33,118,000 | 33,541,000 | 34,084,000 | 34,545,000 |
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 | 3,038,000 | 6,101,000 | 9,180,000 | 12,313,000 |
| Interest expense | 329,000 | 650,000 | 961,000 | 1,288,000 |
| Net interest income | 2,709,000 | 5,451,000 | 8,219,000 | 11,025,000 |
| Noninterest income | 609,000 | 1,184,000 | 1,836,000 | 2,485,000 |
| Noninterest expense | 3,036,000 | 5,661,000 | 8,206,000 | 11,235,000 |
| Provision for loan losses | -292,000 | -202,000 | -112,000 | -357,000 |
| Pretax income | 574,000 | 1,176,000 | 1,961,000 | 2,632,000 |
| Income tax | 188,000 | 390,000 | 664,000 | 896,000 |
| Net income | 386,000 | 786,000 | 1,297,000 | 1,736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,077,000 | 27,546,000 | 28,129,000 | 28,645,000 |
| Total capital | 30,097,000 | 30,650,000 | 31,350,000 | 31,610,000 |
| Risk-weighted assets | 259,793,000 | 266,505,000 | 265,862,000 | 272,109,000 |