Call reports 2014
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2014
What ARMED FORCES 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 | 1,621,125,000 | 1,611,886,000 | 1,582,117,000 | 1,672,142,000 |
| Total loans | 633,968,000 | 658,377,000 | 691,665,000 | 739,908,000 |
| Allowance for loan losses | 33,104,000 | 32,755,000 | 31,139,000 | 25,327,000 |
| Securities available for sale | 683,987,000 | 661,436,000 | 606,227,000 | 584,662,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,075,326,000 | 1,056,020,000 | 1,031,250,000 | 1,107,838,000 |
| Interest-bearing deposits | 816,852,000 | 800,037,000 | 790,582,000 | 804,378,000 |
| Noninterest-bearing deposits | 258,474,000 | 255,983,000 | 240,668,000 | 303,460,000 |
| Equity capital | 443,932,000 | 453,407,000 | 460,380,000 | 472,385,000 |
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 | 10,773,000 | 21,950,000 | 33,266,000 | 45,444,000 |
| Interest expense | 855,000 | 1,712,000 | 2,567,000 | 3,407,000 |
| Net interest income | 9,918,000 | 20,238,000 | 30,699,000 | 42,037,000 |
| Noninterest income | 31,909,000 | 57,107,000 | 79,454,000 | 99,448,000 |
| Noninterest expense | 23,397,000 | 47,168,000 | 70,328,000 | 94,356,000 |
| Provision for loan losses | 0 | 0 | -4,000,000 | -12,000,000 |
| Pretax income | 18,430,000 | 30,177,000 | 43,825,000 | 59,129,000 |
| Income tax | 7,170,000 | 11,745,000 | 17,054,000 | 22,768,000 |
| Net income | 11,260,000 | 18,432,000 | 26,771,000 | 36,361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 378,352,000 | 389,972,000 | 404,150,000 | 417,053,000 |
| Total capital | 388,971,000 | 400,851,000 | 415,280,000 | 428,816,000 |
| Risk-weighted assets | 826,673,000 | 846,018,000 | 868,370,000 | 923,979,000 |