Call reports 2014
BANKFIRST FINANCIAL SERVICES — 2014
What BANKFIRST FINANCIAL SERVICES 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 | 703,900,000 | 708,469,000 | 713,634,000 | 743,343,000 |
| Total loans | 533,419,000 | 555,252,000 | 578,065,000 | 582,746,000 |
| Allowance for loan losses | 8,556,000 | 7,992,000 | 8,270,000 | 9,619,000 |
| Securities available for sale | 97,203,000 | 91,446,000 | 82,466,000 | 81,028,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 614,178,000 | 620,169,000 | 626,250,000 | 663,783,000 |
| Interest-bearing deposits | 521,618,000 | 527,836,000 | 530,739,000 | 560,742,000 |
| Noninterest-bearing deposits | 92,560,000 | 92,333,000 | 95,511,000 | 103,041,000 |
| Equity capital | 69,708,000 | 71,959,000 | 68,346,000 | 69,944,000 |
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 | 7,108,000 | 14,354,000 | 21,749,000 | 29,116,000 |
| Interest expense | 797,000 | 1,598,000 | 2,411,000 | 3,232,000 |
| Net interest income | 6,311,000 | 12,756,000 | 19,338,000 | 25,884,000 |
| Noninterest income | 1,308,000 | 2,511,000 | 4,559,000 | 8,030,000 |
| Noninterest expense | 5,106,000 | 10,426,000 | 15,950,000 | 21,764,000 |
| Provision for loan losses | 255,000 | 364,000 | 1,179,000 | 3,143,000 |
| Pretax income | 2,262,000 | 4,483,000 | 6,782,000 | 8,989,000 |
| Income tax | 735,000 | 1,469,000 | 2,224,000 | 2,974,000 |
| Net income | 1,527,000 | 3,014,000 | 4,558,000 | 6,015,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,691,000 | 71,217,000 | 67,801,000 | 69,296,000 |
| Total capital | 76,349,000 | 78,014,000 | 74,982,000 | 76,605,000 |
| Risk-weighted assets | 548,881,000 | 556,474,000 | 580,693,000 | 582,394,000 |