Call reports 2014
FIRST PORT CITY BANK — 2014
What FIRST PORT CITY 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 | 150,321,000 | 143,677,000 | 140,560,000 | 147,333,000 |
| Total loans | 93,166,000 | 93,278,000 | 97,293,000 | 95,409,000 |
| Allowance for loan losses | 2,201,000 | 2,061,000 | 2,057,000 | 2,063,000 |
| Securities available for sale | 29,838,000 | 35,833,000 | 34,613,000 | 35,450,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,051,000 | 124,102,000 | 119,674,000 | 128,166,000 |
| Interest-bearing deposits | 108,796,000 | 103,896,000 | 102,276,000 | 105,117,000 |
| Noninterest-bearing deposits | 21,255,000 | 20,206,000 | 17,398,000 | 23,049,000 |
| Equity capital | 16,523,000 | 16,944,000 | 17,264,000 | 17,562,000 |
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 | 1,419,000 | 2,917,000 | 4,482,000 | 6,008,000 |
| Interest expense | 199,000 | 383,000 | 551,000 | 724,000 |
| Net interest income | 1,220,000 | 2,534,000 | 3,931,000 | 5,284,000 |
| Noninterest income | 136,000 | 319,000 | 494,000 | 645,000 |
| Noninterest expense | 831,000 | 1,805,000 | 2,711,000 | 3,613,000 |
| Provision for loan losses | 0 | -11,000 | -12,000 | -11,000 |
| Pretax income | 563,000 | 1,097,000 | 1,764,000 | 2,365,000 |
| Income tax | 169,000 | 330,000 | 534,000 | 708,000 |
| Net income | 394,000 | 767,000 | 1,230,000 | 1,657,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,210,000 | 16,433,000 | 16,735,000 | 16,961,000 |
| Total capital | 17,207,000 | 17,461,000 | 17,463,000 | 17,991,000 |
| Risk-weighted assets | 103,275,000 | 103,191,000 | 104,952,000 | 104,442,000 |