Call reports 2014
HOWARD BANK — 2014
What HOWARD 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 | 507,923,000 | 533,448,000 | 575,037,000 | 691,345,000 |
| Total loans | 433,666,000 | 462,187,000 | 499,901,000 | 595,798,000 |
| Allowance for loan losses | 2,700,000 | 3,053,000 | 3,018,000 | 3,602,000 |
| Securities available for sale | 20,673,000 | 16,130,000 | 27,113,000 | 41,079,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 403,211,000 | 424,455,000 | 454,354,000 | 555,395,000 |
| Interest-bearing deposits | 307,465,000 | 324,795,000 | 345,673,000 | 411,312,000 |
| Noninterest-bearing deposits | 95,746,000 | 99,660,000 | 108,681,000 | 144,083,000 |
| Equity capital | 48,055,000 | 48,862,000 | 49,919,000 | 59,166,000 |
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 | 4,943,000 | 10,340,000 | 16,153,000 | 23,360,000 |
| Interest expense | 513,000 | 1,080,000 | 1,726,000 | 2,396,000 |
| Net interest income | 4,430,000 | 9,260,000 | 14,427,000 | 20,964,000 |
| Noninterest income | 622,000 | 2,682,000 | 4,857,000 | 23,485,000 |
| Noninterest expense | 4,427,000 | 9,671,000 | 14,523,000 | 23,274,000 |
| Provision for loan losses | 176,000 | 501,000 | 2,570,000 | 3,255,000 |
| Pretax income | 449,000 | 1,770,000 | 2,191,000 | 17,692,000 |
| Income tax | 139,000 | 652,000 | 765,000 | 6,998,000 |
| Net income | 310,000 | 1,118,000 | 1,426,000 | 10,694,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,726,000 | 48,554,000 | 49,117,000 | 57,791,000 |
| Total capital | 50,426,000 | 51,607,000 | 52,135,000 | 61,393,000 |
| Risk-weighted assets | 439,919,000 | 457,017,000 | 491,118,000 | 574,149,000 |