Call reports 2013
STATE EXCHANGE BANK, THE — 2013
What STATE EXCHANGE BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 36,418,000 | 35,498,000 | 34,596,000 | 37,415,000 |
| Total loans | 13,336,000 | 13,272,000 | 13,030,000 | 12,324,000 |
| Allowance for loan losses | 290,000 | 291,000 | 213,000 | 171,000 |
| Securities available for sale | 19,558,000 | 19,633,000 | 18,600,000 | 18,053,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,258,000 | 30,545,000 | 28,329,000 | 33,656,000 |
| Interest-bearing deposits | 27,753,000 | 25,823,000 | 22,992,000 | 23,606,000 |
| Noninterest-bearing deposits | 4,505,000 | 4,722,000 | 5,337,000 | 10,050,000 |
| Equity capital | 3,616,000 | 3,332,000 | 3,199,000 | 3,244,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 292,000 | 565,000 | 857,000 | 1,143,000 |
| Interest expense | 51,000 | 95,000 | 135,000 | 169,000 |
| Net interest income | 241,000 | 470,000 | 722,000 | 974,000 |
| Noninterest income | 15,000 | 49,000 | 60,000 | 75,000 |
| Noninterest expense | 194,000 | 376,000 | 562,000 | 826,000 |
| Provision for loan losses | 0 | 0 | 100,000 | 100,000 |
| Pretax income | 52,000 | 133,000 | 110,000 | 115,000 |
| Income tax | 1,000 | 5,000 | 7,000 | 5,000 |
| Net income | 51,000 | 128,000 | 103,000 | 110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,428,000 | 3,504,000 | 3,478,000 | 3,484,000 |
| Total capital | 3,640,000 | 3,713,000 | 3,684,000 | 3,655,000 |
| Risk-weighted assets | 16,872,000 | 16,628,000 | 16,507,000 | 15,753,000 |