Call reports 2014
SOUTHWIND BANK — 2014
What SOUTHWIND 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 | 120,319,000 | 123,604,000 | 122,733,000 | 126,522,000 |
| Total loans | 39,886,000 | 41,313,000 | 42,257,000 | 42,692,000 |
| Allowance for loan losses | 751,000 | 759,000 | 764,000 | 748,000 |
| Securities available for sale | 63,079,000 | 65,702,000 | 66,638,000 | 70,413,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,296,000 | 113,301,000 | 112,359,000 | 115,796,000 |
| Interest-bearing deposits | 83,859,000 | 85,626,000 | 86,243,000 | 88,489,000 |
| Noninterest-bearing deposits | 26,437,000 | 27,675,000 | 26,116,000 | 27,307,000 |
| Equity capital | 9,693,000 | 9,925,000 | 9,975,000 | 10,300,000 |
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 | 803,000 | 1,649,000 | 2,528,000 | 3,420,000 |
| Interest expense | 83,000 | 164,000 | 245,000 | 323,000 |
| Net interest income | 720,000 | 1,485,000 | 2,283,000 | 3,097,000 |
| Noninterest income | 41,000 | 82,000 | 130,000 | 193,000 |
| Noninterest expense | 559,000 | 1,142,000 | 1,701,000 | 2,318,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 196,000 | 413,000 | 693,000 | 947,000 |
| Income tax | 8,000 | 18,000 | 32,000 | 40,000 |
| Net income | 188,000 | 395,000 | 661,000 | 907,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,400,000 | 9,607,000 | 9,698,000 | 9,944,000 |
| Total capital | 10,144,000 | 10,366,000 | 10,462,000 | 10,692,000 |
| Risk-weighted assets | 59,545,000 | 62,171,000 | 62,586,000 | 63,929,000 |