Call reports 2014
KENT BANK — 2014
What KENT 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 |
|---|---|---|---|
| Total assets | 82,730,000 | 84,012,000 | 80,887,000 |
| Total loans | 41,468,000 | 40,554,000 | 36,020,000 |
| Allowance for loan losses | 501,000 | 558,000 | 523,000 |
| Securities available for sale | 33,542,000 | 35,219,000 | 35,995,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 72,739,000 | 72,613,000 | 71,330,000 |
| Interest-bearing deposits | 67,249,000 | 66,870,000 | 65,675,000 |
| Noninterest-bearing deposits | 5,490,000 | 5,743,000 | 5,655,000 |
| Equity capital | 9,422,000 | 9,306,000 | 9,511,000 |
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 |
|---|---|---|---|
| Interest income | 663,000 | 1,364,000 | 2,029,000 |
| Interest expense | 83,000 | 166,000 | 246,000 |
| Net interest income | 580,000 | 1,198,000 | 1,783,000 |
| Noninterest income | 61,000 | -155,000 | -59,000 |
| Noninterest expense | 556,000 | 1,195,000 | 1,665,000 |
| Provision for loan losses | 95,000 | 95,000 | 95,000 |
| Pretax income | -2,000 | -209,000 | -2,000 |
| Income tax | 0 | 1,000 | 1,000 |
| Net income | -2,000 | -210,000 | -3,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Tier 1 capital | 8,747,000 | 8,539,000 | 8,745,000 |
| Total capital | 9,248,000 | 9,097,000 | 9,263,000 |
| Risk-weighted assets | 46,009,000 | 44,847,000 | 41,429,000 |