Call reports 2013
LOCUS BANK, INC. — 2013
What LOCUS BANK, INC. reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 54,527,000 | 60,499,000 | 64,556,000 | 72,754,000 |
| Total loans | 35,596,000 | 40,884,000 | 45,193,000 | 50,469,000 |
| Allowance for loan losses | 314,000 | 369,000 | 448,000 | 491,000 |
| Securities available for sale | 351,000 | 338,000 | 340,000 | 742,000 |
| Securities held to maturity | 780,000 | 778,000 | 777,000 | 776,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,888,000 | 47,962,000 | 50,014,000 | 58,082,000 |
| Interest-bearing deposits | 41,562,000 | 47,166,000 | 49,213,000 | 56,892,000 |
| Noninterest-bearing deposits | 326,000 | 796,000 | 801,000 | 1,190,000 |
| Equity capital | 11,251,000 | 11,247,000 | 11,289,000 | 11,410,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 593,000 | 1,266,000 | 1,931,000 | 2,675,000 |
| Interest expense | 177,000 | 365,000 | 550,000 | 736,000 |
| Net interest income | 416,000 | 901,000 | 1,381,000 | 1,939,000 |
| Noninterest income | 20,000 | 39,000 | 103,000 | 203,000 |
| Noninterest expense | 391,000 | 815,000 | 1,200,000 | 1,617,000 |
| Provision for loan losses | -28,000 | 27,000 | 106,000 | 149,000 |
| Pretax income | 73,000 | 98,000 | 178,000 | 376,000 |
| Income tax | 24,000 | 32,000 | 59,000 | 126,000 |
| Net income | 49,000 | 66,000 | 119,000 | 250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,209,000 | 11,191,000 | 11,249,000 | 11,403,000 |
| Total capital | 11,523,000 | 11,560,000 | 14,697,000 | 14,894,000 |
| Risk-weighted assets | 39,930,000 | 45,946,000 | 51,884,000 | 52,969,000 |