Call reports 2014
FIRST STATE BANK OF MIDDLEBURY — 2014
What FIRST STATE BANK OF MIDDLEBURY 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 | 415,665,000 | 421,626,000 | 422,342,000 | 425,466,000 |
| Total loans | 296,560,000 | 305,187,000 | 311,031,000 | 310,955,000 |
| Allowance for loan losses | 3,959,000 | 3,624,000 | 3,559,000 | 3,373,000 |
| Securities available for sale | 74,437,000 | 75,891,000 | 79,743,000 | 80,389,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 348,642,000 | 343,888,000 | 347,769,000 | 348,300,000 |
| Interest-bearing deposits | 285,875,000 | 271,679,000 | 285,456,000 | 289,264,000 |
| Noninterest-bearing deposits | 62,767,000 | 72,209,000 | 62,313,000 | 59,036,000 |
| Equity capital | 40,557,000 | 42,082,000 | 43,225,000 | 44,544,000 |
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 | 4,236,000 | 8,588,000 | 13,089,000 | 17,652,000 |
| Interest expense | 480,000 | 956,000 | 1,436,000 | 1,917,000 |
| Net interest income | 3,756,000 | 7,632,000 | 11,653,000 | 15,735,000 |
| Noninterest income | 852,000 | 1,935,000 | 2,934,000 | 3,921,000 |
| Noninterest expense | 3,782,000 | 7,521,000 | 11,404,000 | 15,352,000 |
| Provision for loan losses | 4,000 | 56,000 | 61,000 | 66,000 |
| Pretax income | 841,000 | 2,058,000 | 3,190,000 | 4,317,000 |
| Income tax | 119,000 | 352,000 | 573,000 | 680,000 |
| Net income | 722,000 | 1,706,000 | 2,617,000 | 3,637,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,476,000 | 41,305,000 | 42,063,000 | 42,931,000 |
| Total capital | 44,268,000 | 44,929,000 | 45,622,000 | 46,304,000 |
| Risk-weighted assets | 303,182,000 | 310,312,000 | 312,482,000 | 318,440,000 |