Call reports 2014
STATE BANK OF TAUNTON — 2014
What STATE BANK OF TAUNTON 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 | 64,192,000 | 60,658,000 | 56,589,000 | 57,811,000 |
| Total loans | 38,211,000 | 38,509,000 | 34,593,000 | 36,192,000 |
| Allowance for loan losses | 885,000 | 867,000 | 832,000 | 908,000 |
| Securities available for sale | 12,996,000 | 11,837,000 | 12,426,000 | 11,902,000 |
| Securities held to maturity | 150,000 | 150,000 | 150,000 | 150,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,757,000 | 56,145,000 | 52,055,000 | 53,359,000 |
| Interest-bearing deposits | 53,466,000 | 50,758,000 | 46,775,000 | 47,429,000 |
| Noninterest-bearing deposits | 6,291,000 | 5,387,000 | 5,281,000 | 5,930,000 |
| Equity capital | 4,225,000 | 4,322,000 | 4,342,000 | 4,293,000 |
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 | 627,000 | 1,237,000 | 1,804,000 | 2,364,000 |
| Interest expense | 135,000 | 260,000 | 381,000 | 492,000 |
| Net interest income | 492,000 | 977,000 | 1,423,000 | 1,872,000 |
| Noninterest income | 23,000 | 60,000 | 79,000 | 124,000 |
| Noninterest expense | 553,000 | 882,000 | 1,430,000 | 1,892,000 |
| Provision for loan losses | 255,000 | 300,000 | 300,000 | 300,000 |
| Pretax income | -293,000 | -80,000 | -163,000 | -121,000 |
| Income tax | 0 | 105,000 | 0 | 0 |
| Net income | -293,000 | -185,000 | -163,000 | -121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,235,000 | 4,343,000 | 4,367,000 | 4,303,000 |
| Total capital | 4,758,000 | 4,912,000 | 4,861,000 | 4,797,000 |
| Risk-weighted assets | 45,655,000 | 45,255,000 | 39,593,000 | 41,157,000 |