Call reports 2014
SIMPLICITY BANK — 2014
What SIMPLICITY 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 | 861,079,000 | 879,148,000 | 863,303,000 | 863,218,000 |
| Total loans | 730,586,000 | 724,025,000 | 700,957,000 | 686,862,000 |
| Allowance for loan losses | 5,011,000 | 4,580,000 | 4,330,000 | 3,914,000 |
| Securities available for sale | 43,355,000 | 56,883,000 | 54,029,000 | 51,579,000 |
| Securities held to maturity | 422,000 | 395,000 | 377,000 | 360,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 643,136,000 | 659,090,000 | 662,259,000 | 660,917,000 |
| Interest-bearing deposits | 578,510,000 | 598,374,000 | 607,981,000 | 602,379,000 |
| Noninterest-bearing deposits | 64,626,000 | 60,716,000 | 54,278,000 | 58,538,000 |
| Equity capital | 124,326,000 | 126,538,000 | 128,257,000 | 129,894,000 |
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 | 8,259,000 | 16,835,000 | 24,901,000 | 32,477,000 |
| Interest expense | 1,606,000 | 3,269,000 | 4,973,000 | 6,648,000 |
| Net interest income | 6,653,000 | 13,566,000 | 19,928,000 | 25,829,000 |
| Noninterest income | 1,269,000 | 2,546,000 | 3,830,000 | 5,102,000 |
| Noninterest expense | 5,747,000 | 11,882,000 | 17,345,000 | 22,812,000 |
| Provision for loan losses | 0 | -400,000 | -750,000 | -1,150,000 |
| Pretax income | 2,175,000 | 4,630,000 | 7,163,000 | 9,269,000 |
| Income tax | 882,000 | 1,723,000 | 2,752,000 | 3,607,000 |
| Net income | 1,293,000 | 2,907,000 | 4,411,000 | 5,662,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 121,761,000 | 123,792,000 | 125,535,000 | 127,051,000 |
| Total capital | 126,772,000 | 128,372,000 | 129,865,000 | 130,965,000 |
| Risk-weighted assets | 628,862,000 | 592,713,000 | 561,093,000 | 543,324,000 |