Call reports 2014
ALTERRA BANK — 2014
What ALTERRA BANK 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 | 222,819,000 | 226,548,000 | 238,226,000 | 258,795,000 |
| Total loans | 182,297,000 | 186,327,000 | 189,844,000 | 196,852,000 |
| Allowance for loan losses | 2,291,000 | 1,975,000 | 2,394,000 | 337,000 |
| Securities available for sale | 4,442,000 | 3,369,000 | 3,361,000 | 2,365,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 192,225,000 | 195,376,000 | 205,734,000 | 213,662,000 |
| Interest-bearing deposits | 164,627,000 | 163,624,000 | 176,047,000 | 178,471,000 |
| Noninterest-bearing deposits | 27,598,000 | 31,752,000 | 29,687,000 | 35,191,000 |
| Equity capital | 20,738,000 | 21,270,000 | 21,990,000 | 33,406,000 |
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 | 2,534,000 | 5,149,000 | 7,942,000 | 2,126,000 |
| Interest expense | 377,000 | 786,000 | 1,231,000 | 163,000 |
| Net interest income | 2,157,000 | 4,363,000 | 6,711,000 | 1,963,000 |
| Noninterest income | 794,000 | 1,589,000 | 3,015,000 | 560,000 |
| Noninterest expense | 2,080,000 | 4,191,000 | 6,469,000 | 1,548,000 |
| Provision for loan losses | 130,000 | 265,000 | 680,000 | 337,000 |
| Pretax income | 741,000 | 1,496,000 | 2,577,000 | 638,000 |
| Income tax | 274,000 | 553,000 | 954,000 | 242,000 |
| Net income | 467,000 | 943,000 | 1,623,000 | 396,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,217,000 | 18,744,000 | 19,476,000 | 22,320,000 |
| Total capital | 20,508,000 | 20,719,000 | 21,871,000 | 22,657,000 |
| Risk-weighted assets | 187,992,000 | 192,965,000 | 197,588,000 | 207,852,000 |