Call reports 2014
FRANKLIN STATE BANK — 2014
What FRANKLIN 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 | 27,818,000 | 26,903,000 | 27,010,000 | 27,149,000 |
| Total loans | 17,059,000 | 17,487,000 | 18,162,000 | 18,113,000 |
| Allowance for loan losses | 172,000 | 172,000 | 169,000 | 169,000 |
| Securities available for sale | 3,763,000 | 4,578,000 | 4,097,000 | 3,664,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,152,000 | 23,173,000 | 21,737,000 | 23,330,000 |
| Interest-bearing deposits | 17,701,000 | 17,806,000 | 17,212,000 | 17,907,000 |
| Noninterest-bearing deposits | 6,451,000 | 5,367,000 | 4,525,000 | 5,423,000 |
| Equity capital | 3,598,000 | 3,647,000 | 3,701,000 | 3,750,000 |
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 | 237,000 | 476,000 | 724,000 | 973,000 |
| Interest expense | 25,000 | 50,000 | 75,000 | 98,000 |
| Net interest income | 212,000 | 426,000 | 649,000 | 875,000 |
| Noninterest income | 14,000 | 29,000 | 43,000 | 54,000 |
| Noninterest expense | 147,000 | 294,000 | 439,000 | 586,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 83,000 | 163,000 | 255,000 | 345,000 |
| Income tax | 26,000 | 61,000 | 97,000 | 133,000 |
| Net income | 57,000 | 102,000 | 158,000 | 212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,580,000 | 3,629,000 | 3,687,000 | 3,741,000 |
| Total capital | 3,752,000 | 3,801,000 | 3,856,000 | 3,910,000 |
| Risk-weighted assets | 17,073,000 | 17,590,000 | 18,037,000 | 17,978,000 |