Call reports 2014
ATLANTIC COMMUNITY BANK — 2014
What ATLANTIC COMMUNITY 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 | 69,215,000 | 79,317,000 | 77,504,000 | 78,457,000 |
| Total loans | 59,718,000 | 61,205,000 | 58,398,000 | 57,476,000 |
| Allowance for loan losses | 1,035,000 | 1,078,000 | 876,000 | 729,000 |
| Securities available for sale | 892,000 | 891,000 | 861,000 | 875,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,927,000 | 64,190,000 | 67,208,000 | 68,150,000 |
| Interest-bearing deposits | 37,181,000 | 40,617,000 | 41,652,000 | 41,284,000 |
| Noninterest-bearing deposits | 17,746,000 | 23,573,000 | 25,556,000 | 26,866,000 |
| Equity capital | 7,136,000 | 7,947,000 | 8,079,000 | 8,126,000 |
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 | 804,000 | 1,617,000 | 2,410,000 | 3,153,000 |
| Interest expense | 76,000 | 142,000 | 211,000 | 276,000 |
| Net interest income | 728,000 | 1,475,000 | 2,199,000 | 2,877,000 |
| Noninterest income | 99,000 | -134,000 | -15,000 | 123,000 |
| Noninterest expense | 663,000 | 1,327,000 | 1,981,000 | 2,661,000 |
| Provision for loan losses | 87,000 | 124,000 | 189,000 | 269,000 |
| Pretax income | 77,000 | -110,000 | 14,000 | 70,000 |
| Income tax | 9,000 | -989,000 | -989,000 | -971,000 |
| Net income | 68,000 | 879,000 | 1,003,000 | 1,041,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,820,000 | 6,629,000 | 6,681,000 | 6,756,000 |
| Total capital | 7,521,000 | 7,354,000 | 7,379,000 | 7,438,000 |
| Risk-weighted assets | 55,776,000 | 57,595,000 | 55,666,000 | 54,505,000 |