Call reports 2014
WESTCHESTER BANK, THE — 2014
What WESTCHESTER 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 | 434,973,000 | 455,773,000 | 462,851,000 | 522,334,000 |
| Total loans | 345,094,000 | 368,160,000 | 385,393,000 | 410,458,000 |
| Allowance for loan losses | 6,404,000 | 6,699,000 | 7,002,000 | 7,402,000 |
| Securities available for sale | 8,825,000 | 8,141,000 | 5,843,000 | 14,971,000 |
| Securities held to maturity | 33,313,000 | 38,697,000 | 37,881,000 | 36,734,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 346,478,000 | 369,971,000 | 378,676,000 | 437,065,000 |
| Interest-bearing deposits | 249,719,000 | 252,220,000 | 271,477,000 | 306,063,000 |
| Noninterest-bearing deposits | 96,759,000 | 117,751,000 | 107,199,000 | 131,002,000 |
| Equity capital | 49,930,000 | 53,363,000 | 54,311,000 | 55,158,000 |
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 | 4,387,000 | 8,929,000 | 13,775,000 | 18,950,000 |
| Interest expense | 623,000 | 1,278,000 | 1,985,000 | 2,758,000 |
| Net interest income | 3,764,000 | 7,651,000 | 11,790,000 | 16,192,000 |
| Noninterest income | 176,000 | 371,000 | 575,000 | 775,000 |
| Noninterest expense | 2,278,000 | 4,618,000 | 7,111,000 | 9,776,000 |
| Provision for loan losses | 300,000 | 600,000 | 900,000 | 1,300,000 |
| Pretax income | 1,362,000 | 2,908,000 | 4,458,000 | 5,995,000 |
| Income tax | 547,000 | 1,106,000 | 1,687,000 | 2,183,000 |
| Net income | 815,000 | 1,802,000 | 2,771,000 | 3,812,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,019,000 | 51,233,000 | 53,241,000 | 53,620,000 |
| Total capital | 53,470,000 | 55,835,000 | 58,202,000 | 58,986,000 |
| Risk-weighted assets | 355,390,000 | 372,750,000 | 394,774,000 | 427,121,000 |