Call reports 2014
SOUTH STORY BANK & TRUST — 2014
What SOUTH STORY BANK & TRUST 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 | 116,853,000 | 124,085,000 | 126,134,000 | 127,772,000 |
| Total loans | 90,641,000 | 96,077,000 | 98,095,000 | 98,601,000 |
| Allowance for loan losses | 1,094,000 | 1,178,000 | 1,229,000 | 1,268,000 |
| Securities available for sale | 10,191,000 | 10,338,000 | 11,815,000 | 12,020,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,340,000 | 108,167,000 | 109,750,000 | 110,845,000 |
| Interest-bearing deposits | 83,497,000 | 88,400,000 | 88,245,000 | 89,723,000 |
| Noninterest-bearing deposits | 17,843,000 | 19,767,000 | 21,505,000 | 21,122,000 |
| Equity capital | 12,353,000 | 12,767,000 | 13,119,000 | 13,820,000 |
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 | 1,227,000 | 2,587,000 | 3,909,000 | 5,429,000 |
| Interest expense | 146,000 | 299,000 | 462,000 | 622,000 |
| Net interest income | 1,081,000 | 2,288,000 | 3,447,000 | 4,807,000 |
| Noninterest income | 116,000 | 223,000 | 484,000 | 738,000 |
| Noninterest expense | 819,000 | 1,669,000 | 2,653,000 | 3,490,000 |
| Provision for loan losses | 51,000 | 135,000 | 186,000 | 237,000 |
| Pretax income | 327,000 | 707,000 | 1,092,000 | 1,818,000 |
| Income tax | 16,000 | 36,000 | 55,000 | 80,000 |
| Net income | 311,000 | 671,000 | 1,037,000 | 1,738,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,516,000 | 8,899,000 | 9,286,000 | 10,008,000 |
| Total capital | 9,610,000 | 10,077,000 | 10,515,000 | 11,242,000 |
| Risk-weighted assets | 89,890,000 | 95,040,000 | 98,689,000 | 98,656,000 |