Call reports 2014
BEACON BANK & TRUST — 2014
What BEACON BANK & TRUST 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 | 3,314,201,000 | 3,436,438,000 | 3,562,936,000 | 3,571,225,000 |
| Total loans | 2,885,763,000 | 3,012,281,000 | 3,101,269,000 | 3,136,893,000 |
| Allowance for loan losses | 36,624,000 | 37,336,000 | 37,721,000 | 35,885,000 |
| Securities available for sale | 224,428,000 | 226,122,000 | 219,086,000 | 231,714,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 106,000 | 638,000 | 1,599,000 |
| Total deposits | 2,305,993,000 | 2,326,851,000 | 2,392,972,000 | 2,406,887,000 |
| Interest-bearing deposits | 2,239,177,000 | 2,258,568,000 | 2,274,455,000 | 2,281,018,000 |
| Noninterest-bearing deposits | 66,816,000 | 68,283,000 | 118,517,000 | 125,869,000 |
| Equity capital | 309,035,000 | 295,841,000 | 328,701,000 | 339,155,000 |
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 | 32,608,000 | 66,065,000 | 100,587,000 | 136,012,000 |
| Interest expense | 4,511,000 | 9,131,000 | 13,808,000 | 18,396,000 |
| Net interest income | 28,097,000 | 56,934,000 | 86,779,000 | 117,616,000 |
| Noninterest income | 2,222,000 | 2,538,000 | 3,888,000 | 4,652,000 |
| Noninterest expense | 17,274,000 | 32,569,000 | 48,492,000 | 65,460,000 |
| Provision for loan losses | 1,143,000 | 2,446,000 | 3,342,000 | 2,193,000 |
| Pretax income | 11,902,000 | 24,457,000 | 38,833,000 | 54,615,000 |
| Income tax | 4,186,000 | 8,659,000 | 13,833,000 | 19,350,000 |
| Net income | 7,294,000 | 14,900,000 | 23,440,000 | 33,228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 306,754,000 | 292,341,000 | 326,288,000 | 336,513,000 |
| Total capital | 343,660,000 | 330,522,000 | 364,935,000 | 373,312,000 |
| Risk-weighted assets | 2,951,876,000 | 3,054,411,000 | 3,124,383,000 | 3,137,735,000 |