Call reports 2014
FRANKLIN GROVE BANK — 2014
What FRANKLIN GROVE 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 | 31,614,000 | 31,273,000 | 30,670,000 | 30,138,000 |
| Total loans | 14,247,000 | 14,525,000 | 13,847,000 | 16,412,000 |
| Allowance for loan losses | 218,000 | 97,000 | 102,000 | 117,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 9,347,000 | 8,547,000 | 8,547,000 | 8,547,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,268,000 | 25,989,000 | 25,398,000 | 24,783,000 |
| Interest-bearing deposits | 22,395,000 | 22,160,000 | 21,810,000 | 21,041,000 |
| Noninterest-bearing deposits | 3,873,000 | 3,829,000 | 3,588,000 | 3,742,000 |
| Equity capital | 5,289,000 | 5,215,000 | 5,176,000 | 5,239,000 |
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 | 287,000 | 567,000 | 837,000 | 1,115,000 |
| Interest expense | 42,000 | 83,000 | 123,000 | 161,000 |
| Net interest income | 245,000 | 484,000 | 714,000 | 954,000 |
| Noninterest income | 12,000 | 25,000 | 41,000 | 54,000 |
| Noninterest expense | 153,000 | 305,000 | 454,000 | 619,000 |
| Provision for loan losses | 15,000 | 220,000 | 225,000 | 240,000 |
| Pretax income | 89,000 | -16,000 | 76,000 | 149,000 |
| Income tax | 31,000 | 0 | 11,000 | 21,000 |
| Net income | 58,000 | -16,000 | 65,000 | 128,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,289,000 | 5,215,000 | 5,176,000 | 5,239,000 |
| Total capital | 5,503,000 | 5,312,000 | 5,278,000 | 5,356,000 |
| Risk-weighted assets | 17,045,000 | 17,336,000 | 16,725,000 | 18,754,000 |