Call reports 2014
FULTON STATE BANK — 2014
What FULTON STATE 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 | 60,045,000 | 62,575,000 | 63,364,000 | 67,540,000 |
| Total loans | 23,850,000 | 24,182,000 | 25,011,000 | 24,157,000 |
| Allowance for loan losses | 475,000 | 476,000 | 477,000 | 478,000 |
| Securities available for sale | 27,633,000 | 29,830,000 | 30,839,000 | 32,451,000 |
| Securities held to maturity | 211,000 | 206,000 | 206,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,508,000 | 51,948,000 | 52,557,000 | 57,303,000 |
| Interest-bearing deposits | 42,919,000 | 42,211,000 | 42,074,000 | 42,633,000 |
| Noninterest-bearing deposits | 9,589,000 | 9,737,000 | 10,483,000 | 14,670,000 |
| Equity capital | 6,273,000 | 6,623,000 | 6,745,000 | 6,812,000 |
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 | 593,000 | 1,099,000 | 1,669,000 | 2,232,000 |
| Interest expense | 63,000 | 128,000 | 203,000 | 274,000 |
| Net interest income | 530,000 | 971,000 | 1,466,000 | 1,958,000 |
| Noninterest income | 31,000 | 65,000 | 103,000 | 170,000 |
| Noninterest expense | 364,000 | 706,000 | 1,078,000 | 1,449,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 148,000 | 330,000 | 487,000 | 675,000 |
| Income tax | 43,000 | 92,000 | 143,000 | 200,000 |
| Net income | 105,000 | 238,000 | 344,000 | 475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,534,000 | 6,667,000 | 6,773,000 | 6,754,000 |
| Total capital | 6,988,000 | 7,143,000 | 7,250,000 | 7,232,000 |
| Risk-weighted assets | 36,277,000 | 42,284,000 | 39,142,000 | 39,968,000 |