Call reports 2014
FIRST NATIONAL BANK, CORTEZ — 2014
What FIRST NATIONAL BANK, CORTEZ 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 | 95,448,000 | 95,144,000 | 94,617,000 | 97,058,000 |
| Total loans | 33,857,000 | 36,162,000 | 38,217,000 | 39,952,000 |
| Allowance for loan losses | 599,000 | 615,000 | 621,000 | 614,000 |
| Securities available for sale | 51,645,000 | 47,106,000 | 46,483,000 | 46,664,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,177,000 | 85,411,000 | 84,267,000 | 84,306,000 |
| Interest-bearing deposits | 61,630,000 | 67,690,000 | 65,945,000 | 63,921,000 |
| Noninterest-bearing deposits | 17,547,000 | 17,721,000 | 18,322,000 | 20,385,000 |
| Equity capital | 8,516,000 | 8,794,000 | 8,677,000 | 9,231,000 |
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 | 825,000 | 1,663,000 | 2,563,000 | 3,495,000 |
| Interest expense | 79,000 | 151,000 | 217,000 | 281,000 |
| Net interest income | 746,000 | 1,512,000 | 2,346,000 | 3,214,000 |
| Noninterest income | 107,000 | 227,000 | 300,000 | 404,000 |
| Noninterest expense | 730,000 | 1,482,000 | 2,249,000 | 2,942,000 |
| Provision for loan losses | 54,000 | 71,000 | 71,000 | 71,000 |
| Pretax income | 90,000 | 175,000 | 329,000 | 623,000 |
| Income tax | 24,000 | 46,000 | 94,000 | 195,000 |
| Net income | 66,000 | 129,000 | 235,000 | 428,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,541,000 | 8,605,000 | 8,711,000 | 8,904,000 |
| Total capital | 9,133,000 | 9,201,000 | 9,328,000 | 9,533,000 |
| Risk-weighted assets | 47,372,000 | 47,866,000 | 49,364,000 | 52,112,000 |