Call reports 2014
ATLANTIC STEWARDSHIP BANK — 2014
What ATLANTIC STEWARDSHIP 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 | 671,220,000 | 670,257,000 | 671,403,000 | 692,350,000 |
| Total loans | 423,762,000 | 433,497,000 | 443,353,000 | 477,301,000 |
| Allowance for loan losses | 9,792,000 | 9,825,000 | 10,094,000 | 9,602,000 |
| Securities available for sale | 170,669,000 | 143,422,000 | 137,218,000 | 123,869,000 |
| Securities held to maturity | 24,685,000 | 54,225,000 | 54,234,000 | 55,097,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 575,901,000 | 566,671,000 | 557,322,000 | 556,798,000 |
| Interest-bearing deposits | 542,239,000 | 534,403,000 | 524,698,000 | 531,522,000 |
| Noninterest-bearing deposits | 33,662,000 | 32,268,000 | 32,624,000 | 25,276,000 |
| Equity capital | 60,685,000 | 62,583,000 | 62,834,000 | 64,388,000 |
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 | 6,157,000 | 12,355,000 | 18,449,000 | 25,025,000 |
| Interest expense | 715,000 | 1,400,000 | 2,063,000 | 2,703,000 |
| Net interest income | 5,442,000 | 10,955,000 | 16,386,000 | 22,322,000 |
| Noninterest income | 383,000 | 1,177,000 | 1,915,000 | 2,701,000 |
| Noninterest expense | 5,022,000 | 10,044,000 | 14,964,000 | 19,945,000 |
| Provision for loan losses | 0 | 0 | 250,000 | -50,000 |
| Pretax income | 803,000 | 2,088,000 | 3,087,000 | 5,293,000 |
| Income tax | 170,000 | 591,000 | 908,000 | 1,686,000 |
| Net income | 633,000 | 1,497,000 | 2,179,000 | 3,607,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,675,000 | 60,297,000 | 60,570,000 | 62,622,000 |
| Total capital | 65,264,000 | 66,026,000 | 66,413,000 | 68,833,000 |
| Risk-weighted assets | 442,902,000 | 454,209,000 | 463,157,000 | 493,491,000 |