Call reports 2014
APPLIED BANK — 2014
What APPLIED 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 | 288,914,000 | 243,629,000 | 282,670,000 | 219,142,000 |
| Total loans | 104,486,000 | 105,670,000 | 106,993,000 | 93,072,000 |
| Allowance for loan losses | 1,436,000 | 1,488,000 | 1,397,000 | 1,197,000 |
| Securities available for sale | 4,575,000 | 4,573,000 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,657,000 | 199,228,000 | 236,909,000 | 177,328,000 |
| Interest-bearing deposits | 151,315,000 | 92,981,000 | 116,077,000 | 83,185,000 |
| Noninterest-bearing deposits | 94,342,000 | 106,247,000 | 120,832,000 | 94,143,000 |
| Equity capital | 42,390,000 | 43,602,000 | 44,683,000 | 41,067,000 |
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 | 1,820,000 | 3,503,000 | 5,321,000 | 7,234,000 |
| Interest expense | 39,000 | 100,000 | 223,000 | 312,000 |
| Net interest income | 1,781,000 | 3,403,000 | 5,098,000 | 6,922,000 |
| Noninterest income | 1,029,000 | 2,273,000 | 3,316,000 | 4,088,000 |
| Noninterest expense | 1,606,000 | 3,257,000 | 4,982,000 | 6,235,000 |
| Provision for loan losses | 38,000 | 90,000 | 0 | -111,000 |
| Pretax income | 1,166,000 | 2,329,000 | 3,236,000 | 4,691,000 |
| Income tax | 57,000 | 113,000 | 158,000 | 229,000 |
| Net income | 1,109,000 | 2,216,000 | 3,078,000 | 4,462,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,097,000 | 42,855,000 | 43,896,000 | 39,999,000 |
| Total capital | 42,406,000 | 44,180,000 | 45,259,000 | 41,170,000 |
| Risk-weighted assets | 104,613,000 | 105,850,000 | 108,926,000 | 93,618,000 |