Call reports 2014
FIRST NATIONAL BANK OF SAINT IGNACE, THE — 2014
What FIRST NATIONAL BANK OF SAINT IGNACE, 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 | 234,155,000 | 234,458,000 | 253,646,000 | 238,525,000 |
| Total loans | 86,608,000 | 87,295,000 | 84,172,000 | 81,536,000 |
| Allowance for loan losses | 1,251,000 | 1,286,000 | 1,317,000 | 1,336,000 |
| Securities available for sale | 117,165,000 | 113,766,000 | 122,573,000 | 124,967,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 207,469,000 | 206,926,000 | 226,100,000 | 210,865,000 |
| Interest-bearing deposits | 179,568,000 | 174,232,000 | 188,201,000 | 178,705,000 |
| Noninterest-bearing deposits | 27,901,000 | 32,694,000 | 37,899,000 | 32,160,000 |
| Equity capital | 23,325,000 | 24,052,000 | 24,271,000 | 24,229,000 |
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 | 2,018,000 | 4,005,000 | 5,961,000 | 7,897,000 |
| Interest expense | 361,000 | 713,000 | 1,062,000 | 1,379,000 |
| Net interest income | 1,657,000 | 3,292,000 | 4,899,000 | 6,518,000 |
| Noninterest income | 224,000 | 484,000 | 759,000 | 1,052,000 |
| Noninterest expense | 1,478,000 | 3,036,000 | 4,533,000 | 6,236,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 110,000 |
| Pretax income | 419,000 | 735,000 | 1,101,000 | 1,423,000 |
| Income tax | 83,000 | 100,000 | 144,000 | 53,000 |
| Net income | 336,000 | 635,000 | 957,000 | 1,370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,132,000 | 23,594,000 | 23,804,000 | 23,694,000 |
| Total capital | 24,383,000 | 24,880,000 | 25,121,000 | 25,030,000 |
| Risk-weighted assets | 127,764,000 | 126,819,000 | 131,807,000 | 127,327,000 |