Call reports 2014
FUSION BANK — 2014
What FUSION 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 | 121,673,000 | 127,124,000 | 126,899,000 | 131,140,000 |
| Total loans | 67,606,000 | 76,490,000 | 73,684,000 | 76,289,000 |
| Allowance for loan losses | 1,389,000 | 1,459,000 | 1,481,000 | 1,511,000 |
| Securities available for sale | 27,276,000 | 26,488,000 | 30,709,000 | 31,215,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,760,000 | 101,925,000 | 99,969,000 | 101,299,000 |
| Interest-bearing deposits | 76,401,000 | 78,450,000 | 77,573,000 | 77,963,000 |
| Noninterest-bearing deposits | 23,359,000 | 23,475,000 | 22,396,000 | 23,336,000 |
| Equity capital | 14,990,000 | 15,372,000 | 15,767,000 | 16,074,000 |
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 | 1,141,000 | 2,341,000 | 3,561,000 | 4,778,000 |
| Interest expense | 62,000 | 129,000 | 197,000 | 269,000 |
| Net interest income | 1,079,000 | 2,212,000 | 3,364,000 | 4,509,000 |
| Noninterest income | 160,000 | 339,000 | 533,000 | 767,000 |
| Noninterest expense | 759,000 | 1,541,000 | 2,245,000 | 2,994,000 |
| Provision for loan losses | 0 | 70,000 | 91,000 | 126,000 |
| Pretax income | 480,000 | 940,000 | 1,561,000 | 2,156,000 |
| Income tax | 18,000 | 38,000 | 65,000 | 91,000 |
| Net income | 462,000 | 902,000 | 1,496,000 | 2,065,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,081,000 | 15,303,000 | 15,682,000 | 16,016,000 |
| Total capital | 16,027,000 | 16,360,000 | 16,723,000 | 17,086,000 |
| Risk-weighted assets | 75,257,000 | 84,186,000 | 82,808,000 | 85,177,000 |