Call reports 2013
FRANKLIN STATE BANK — 2013
What FRANKLIN STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 29,894,000 | 27,121,000 | 25,667,000 | 26,981,000 |
| Total loans | 15,832,000 | 16,405,000 | 16,981,000 | 17,744,000 |
| Allowance for loan losses | 164,000 | 167,000 | 169,000 | 172,000 |
| Securities available for sale | 3,480,000 | 3,950,000 | 3,826,000 | 3,786,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,187,000 | 23,566,000 | 22,064,000 | 23,311,000 |
| Interest-bearing deposits | 20,068,000 | 18,181,000 | 17,625,000 | 17,657,000 |
| Noninterest-bearing deposits | 6,119,000 | 5,385,000 | 4,439,000 | 5,654,000 |
| Equity capital | 3,431,000 | 3,437,000 | 3,503,000 | 3,540,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 237,000 | 490,000 | 727,000 | 969,000 |
| Interest expense | 33,000 | 64,000 | 89,000 | 114,000 |
| Net interest income | 204,000 | 426,000 | 638,000 | 855,000 |
| Noninterest income | 17,000 | 34,000 | 49,000 | 65,000 |
| Noninterest expense | 145,000 | 297,000 | 437,000 | 597,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 73,000 | 157,000 | 241,000 | 311,000 |
| Income tax | 15,000 | 45,000 | 76,000 | 107,000 |
| Net income | 58,000 | 112,000 | 165,000 | 204,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,383,000 | 3,420,000 | 3,477,000 | 3,516,000 |
| Total capital | 3,547,000 | 3,587,000 | 3,646,000 | 3,688,000 |
| Risk-weighted assets | 16,347,000 | 16,986,000 | 17,366,000 | 17,906,000 |