Call reports 2014
BENEFIT BANK — 2014
What BENEFIT 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 | 187,466,000 | 187,228,000 | 187,485,000 | 195,142,000 |
| Total loans | 151,005,000 | 162,488,000 | 168,006,000 | 175,300,000 |
| Allowance for loan losses | 3,536,000 | 3,432,000 | 3,384,000 | 3,384,000 |
| Securities available for sale | 0 | 0 | 7,802,000 | 7,494,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,783,000 | 148,664,000 | 148,946,000 | 153,851,000 |
| Interest-bearing deposits | 135,228,000 | 129,872,000 | 128,126,000 | 128,580,000 |
| Noninterest-bearing deposits | 18,555,000 | 18,792,000 | 20,820,000 | 25,271,000 |
| Equity capital | 19,798,000 | 19,885,000 | 20,073,000 | 20,232,000 |
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 | 1,886,000 | 3,741,000 | 5,700,000 | 7,680,000 |
| Interest expense | 277,000 | 545,000 | 810,000 | 1,062,000 |
| Net interest income | 1,609,000 | 3,196,000 | 4,890,000 | 6,618,000 |
| Noninterest income | 574,000 | 1,029,000 | 1,485,000 | 1,904,000 |
| Noninterest expense | 1,730,000 | 3,464,000 | 5,230,000 | 7,245,000 |
| Provision for loan losses | 0 | 0 | 0 | -159,000 |
| Pretax income | 453,000 | 761,000 | 1,145,000 | 1,436,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 453,000 | 761,000 | 1,145,000 | 1,436,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,798,000 | 19,885,000 | 20,115,000 | 20,214,000 |
| Total capital | 21,349,000 | 21,551,000 | 21,852,000 | 22,009,000 |
| Risk-weighted assets | 122,055,000 | 131,494,000 | 137,287,000 | 142,013,000 |