Call reports 2014
HAPPEN BANK, NATIONAL ASSOCIATION — 2014
What HAPPEN BANK, NATIONAL ASSOCIATION 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 | 694,356,000 | 702,806,000 | 699,569,000 | 724,938,000 |
| Total loans | 559,869,000 | 566,494,000 | 574,776,000 | 599,039,000 |
| Allowance for loan losses | 6,997,000 | 7,119,000 | 6,771,000 | 6,196,000 |
| Securities available for sale | 77,013,000 | 77,898,000 | 75,240,000 | 73,015,000 |
| Securities held to maturity | 23,000 | 22,000 | 21,000 | 20,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 589,778,000 | 597,498,000 | 577,759,000 | 564,955,000 |
| Interest-bearing deposits | 506,382,000 | 540,965,000 | 515,123,000 | 502,399,000 |
| Noninterest-bearing deposits | 83,395,000 | 56,533,000 | 62,637,000 | 62,556,000 |
| Equity capital | 57,729,000 | 58,960,000 | 59,663,000 | 59,444,000 |
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 | 6,124,000 | 12,230,000 | 18,621,000 | 25,455,000 |
| Interest expense | 1,059,000 | 2,106,000 | 3,097,000 | 4,123,000 |
| Net interest income | 5,065,000 | 10,124,000 | 15,524,000 | 21,332,000 |
| Noninterest income | 807,000 | 1,618,000 | 2,388,000 | 2,359,000 |
| Noninterest expense | 4,370,000 | 8,975,000 | 14,246,000 | 21,184,000 |
| Provision for loan losses | 200,000 | 400,000 | 250,000 | 20,000 |
| Pretax income | 1,302,000 | 2,367,000 | 3,416,000 | 2,487,000 |
| Income tax | 440,000 | 792,000 | 1,129,000 | 708,000 |
| Net income | 862,000 | 1,575,000 | 2,287,000 | 1,779,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,808,000 | 56,523,000 | 58,351,000 | 57,911,000 |
| Total capital | 61,330,000 | 62,081,000 | 64,120,000 | 64,065,000 |
| Risk-weighted assets | 440,227,000 | 443,033,000 | 460,484,000 | 492,243,000 |