Call reports 2014
STATE EXCHANGE BANK, THE — 2014
What STATE EXCHANGE BANK, THE 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 | 34,747,000 | 34,370,000 | 34,417,000 | 41,755,000 |
| Total loans | 12,764,000 | 13,893,000 | 13,830,000 | 13,379,000 |
| Allowance for loan losses | 167,000 | 166,000 | 168,000 | 168,000 |
| Securities available for sale | 18,529,000 | 18,122,000 | 17,451,000 | 17,607,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,797,000 | 29,197,000 | 30,090,000 | 37,330,000 |
| Interest-bearing deposits | 24,953,000 | 23,639,000 | 24,501,000 | 23,752,000 |
| Noninterest-bearing deposits | 5,844,000 | 5,558,000 | 5,589,000 | 13,578,000 |
| Equity capital | 3,426,000 | 3,695,000 | 3,798,000 | 3,894,000 |
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 | 296,000 | 593,000 | 895,000 | 1,198,000 |
| Interest expense | 34,000 | 67,000 | 102,000 | 137,000 |
| Net interest income | 262,000 | 526,000 | 793,000 | 1,061,000 |
| Noninterest income | 15,000 | 36,000 | 58,000 | 66,000 |
| Noninterest expense | 201,000 | 396,000 | 579,000 | 852,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 76,000 | 191,000 | 297,000 | 300,000 |
| Income tax | 2,000 | 7,000 | 11,000 | 15,000 |
| Net income | 74,000 | 184,000 | 286,000 | 285,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,557,000 | 3,667,000 | 3,768,000 | 3,769,000 |
| Total capital | 3,724,000 | 3,833,000 | 3,936,000 | 3,937,000 |
| Risk-weighted assets | 16,689,000 | 17,640,000 | 17,668,000 | 17,758,000 |