Call reports 2014
NEW CENTURY BANK — 2014
What NEW CENTURY 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 | 26,655,000 | 25,735,000 | 26,426,000 | 26,707,000 |
| Total loans | 19,564,000 | 22,220,000 | 22,267,000 | 22,823,000 |
| Allowance for loan losses | 325,000 | 332,000 | 338,000 | 343,000 |
| Securities available for sale | 416,000 | 419,000 | 422,000 | 425,000 |
| Securities held to maturity | 497,000 | 469,000 | 444,000 | 420,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,112,000 | 22,216,000 | 22,674,000 | 22,911,000 |
| Interest-bearing deposits | 19,474,000 | 18,534,000 | 18,979,000 | 18,904,000 |
| Noninterest-bearing deposits | 3,638,000 | 3,682,000 | 3,695,000 | 4,007,000 |
| Equity capital | 2,780,000 | 2,771,000 | 2,943,000 | 3,061,000 |
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 | 374,000 | 804,000 | 1,242,000 | 1,699,000 |
| Interest expense | 36,000 | 73,000 | 110,000 | 148,000 |
| Net interest income | 338,000 | 731,000 | 1,132,000 | 1,551,000 |
| Noninterest income | 115,000 | 241,000 | 401,000 | 567,000 |
| Noninterest expense | 383,000 | 766,000 | 1,143,000 | 1,555,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 64,000 | 194,000 | 372,000 | 539,000 |
| Income tax | 8,000 | 9,000 | 17,000 | 23,000 |
| Net income | 56,000 | 185,000 | 355,000 | 516,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,780,000 | 2,771,000 | 2,943,000 | 3,061,000 |
| Total capital | 3,013,000 | 3,056,000 | 3,226,000 | 3,349,000 |
| Risk-weighted assets | 20,960,000 | 22,955,000 | 22,520,000 | 22,971,000 |