Call reports 2014
SPECTRA BANK — 2014
What SPECTRA 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 | 42,882,000 | 43,624,000 | 45,202,000 | 47,658,000 |
| Total loans | 26,259,000 | 27,683,000 | 29,082,000 | 30,421,000 |
| Allowance for loan losses | 422,000 | 422,000 | 422,000 | 425,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,082,000 | 1,973,000 | 3,919,000 | 3,922,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,960,000 | 37,531,000 | 39,217,000 | 41,509,000 |
| Interest-bearing deposits | 18,781,000 | 18,107,000 | 18,859,000 | 19,416,000 |
| Noninterest-bearing deposits | 18,179,000 | 19,424,000 | 20,358,000 | 22,093,000 |
| Equity capital | 5,377,000 | 5,526,000 | 5,426,000 | 5,609,000 |
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 | 396,000 | 791,000 | 1,214,000 | 1,671,000 |
| Interest expense | 17,000 | 35,000 | 54,000 | 75,000 |
| Net interest income | 379,000 | 756,000 | 1,160,000 | 1,596,000 |
| Noninterest income | 271,000 | 543,000 | 818,000 | 1,097,000 |
| Noninterest expense | 476,000 | 965,000 | 1,471,000 | 1,992,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 174,000 | 334,000 | 507,000 | 701,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 174,000 | 334,000 | 507,000 | 701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,377,000 | 5,526,000 | 5,426,000 | 5,609,000 |
| Total capital | 5,740,000 | 5,901,000 | 5,820,000 | 6,019,000 |
| Risk-weighted assets | 28,989,000 | 29,919,000 | 31,478,000 | 32,816,000 |