Call reports 2014
MUTUAL FEDERAL SAVINGS BANK — 2014
What MUTUAL FEDERAL SAVINGS 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 | 114,042,000 | 112,914,000 | 114,363,000 | 115,354,000 |
| Total loans | 72,492,000 | 72,392,000 | 74,102,000 | 75,105,000 |
| Allowance for loan losses | 1,339,000 | 1,352,000 | 1,315,000 | 1,260,000 |
| Securities available for sale | 31,184,000 | 31,894,000 | 30,962,000 | 31,941,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,293,000 | 98,812,000 | 97,035,000 | 95,876,000 |
| Interest-bearing deposits | 90,913,000 | 92,032,000 | 91,139,000 | 90,060,000 |
| Noninterest-bearing deposits | 7,380,000 | 6,780,000 | 5,896,000 | 5,816,000 |
| Equity capital | 12,077,000 | 12,402,000 | 12,538,000 | 12,739,000 |
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 | 1,208,000 | 2,337,000 | 3,499,000 | 4,695,000 |
| Interest expense | 149,000 | 302,000 | 459,000 | 611,000 |
| Net interest income | 1,059,000 | 2,035,000 | 3,040,000 | 4,084,000 |
| Noninterest income | 173,000 | 360,000 | 547,000 | 721,000 |
| Noninterest expense | 1,040,000 | 2,072,000 | 3,083,000 | 4,092,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 192,000 | 323,000 | 505,000 | 714,000 |
| Income tax | 33,000 | 46,000 | 72,000 | 120,000 |
| Net income | 159,000 | 277,000 | 433,000 | 594,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,474,000 | 11,580,000 | 11,741,000 | 11,891,000 |
| Total capital | 12,346,000 | 12,438,000 | 12,580,000 | 12,782,000 |
| Risk-weighted assets | 69,314,000 | 68,160,000 | 69,596,000 | 70,943,000 |