Call reports 2015
LOCUS BANK, INC. — 2015
What LOCUS BANK, INC. reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 82,999,000 | 92,453,000 | 96,340,000 | 110,007,000 |
| Total loans | 64,999,000 | 64,136,000 | 73,677,000 | 76,302,000 |
| Allowance for loan losses | 653,000 | 676,000 | 715,000 | 1,034,000 |
| Securities available for sale | 765,000 | 511,000 | 2,358,000 | 2,229,000 |
| Securities held to maturity | 771,000 | 770,000 | 768,000 | 267,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,174,000 | 76,623,000 | 80,371,000 | 90,084,000 |
| Interest-bearing deposits | 65,849,000 | 74,876,000 | 74,148,000 | 86,473,000 |
| Noninterest-bearing deposits | 1,325,000 | 1,747,000 | 6,223,000 | 3,611,000 |
| Equity capital | 12,444,000 | 12,546,000 | 12,602,000 | 12,564,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 843,000 | 1,758,000 | 2,630,000 | 3,632,000 |
| Interest expense | 211,000 | 423,000 | 617,000 | 831,000 |
| Net interest income | 632,000 | 1,335,000 | 2,013,000 | 2,801,000 |
| Noninterest income | 65,000 | 138,000 | 189,000 | 258,000 |
| Noninterest expense | 537,000 | 1,131,000 | 1,738,000 | 2,321,000 |
| Provision for loan losses | 29,000 | 52,000 | 91,000 | 410,000 |
| Pretax income | 131,000 | 290,000 | 373,000 | 328,000 |
| Income tax | 46,000 | 89,000 | 106,000 | 79,000 |
| Net income | 85,000 | 201,000 | 267,000 | 249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,232,000 | 11,336,000 | 11,391,000 | 11,360,000 |
| Total capital | 16,085,000 | 16,212,000 | 16,306,000 | 16,594,000 |
| Risk-weighted assets | 80,069,000 | 77,478,000 | 89,515,000 | 90,729,000 |