Call reports 2014
EDGEWATER BANK — 2014
What EDGEWATER 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 | 118,537,000 | 117,695,000 | 116,992,000 | 122,306,000 |
| Total loans | 88,028,000 | 88,249,000 | 90,852,000 | 90,603,000 |
| Allowance for loan losses | 1,132,000 | 1,082,000 | 1,054,000 | 1,075,000 |
| Securities available for sale | 15,254,000 | 13,415,000 | 13,020,000 | 12,718,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,041,000 | 94,764,000 | 93,178,000 | 99,772,000 |
| Interest-bearing deposits | 83,231,000 | 82,248,000 | 81,280,000 | 86,802,000 |
| Noninterest-bearing deposits | 13,810,000 | 12,516,000 | 11,898,000 | 12,970,000 |
| Equity capital | 11,112,000 | 12,504,000 | 12,374,000 | 12,247,000 |
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 | 1,053,000 | 2,101,000 | 3,169,000 | 4,172,000 |
| Interest expense | 132,000 | 252,000 | 369,000 | 487,000 |
| Net interest income | 921,000 | 1,849,000 | 2,800,000 | 3,685,000 |
| Noninterest income | 169,000 | 333,000 | 521,000 | 702,000 |
| Noninterest expense | 1,317,000 | 2,546,000 | 3,811,000 | 5,036,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -227,000 | -364,000 | -490,000 | -649,000 |
| Income tax | 6,000 | 12,000 | 11,000 | 11,000 |
| Net income | -233,000 | -376,000 | -501,000 | -660,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,191,000 | 12,548,000 | 12,423,000 | 12,264,000 |
| Total capital | 12,131,000 | 13,474,000 | 13,355,000 | 13,188,000 |
| Risk-weighted assets | 74,982,000 | 73,855,000 | 74,425,000 | 73,795,000 |