Call reports 2014
UNIVERSITY BANK — 2014
What UNIVERSITY 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 | 113,183,000 | 127,773,000 | 112,591,000 | 127,049,000 |
| Total loans | 82,375,000 | 94,918,000 | 84,510,000 | 91,584,000 |
| Allowance for loan losses | 771,000 | 771,000 | 676,000 | 665,000 |
| Securities available for sale | 1,653,000 | 1,516,000 | 1,292,000 | 1,254,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,635,000 | 103,305,000 | 89,100,000 | 100,851,000 |
| Interest-bearing deposits | 25,873,000 | 24,569,000 | 23,066,000 | 31,972,000 |
| Noninterest-bearing deposits | 64,762,000 | 78,736,000 | 66,034,000 | 68,879,000 |
| Equity capital | 9,493,000 | 10,102,000 | 10,392,000 | 10,188,000 |
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 | 1,018,000 | 2,149,000 | 3,309,000 | 4,418,000 |
| Interest expense | 30,000 | 58,000 | 85,000 | 114,000 |
| Net interest income | 988,000 | 2,091,000 | 3,224,000 | 4,304,000 |
| Noninterest income | 5,228,000 | 12,276,000 | 19,520,000 | 26,339,000 |
| Noninterest expense | 6,945,000 | 13,944,000 | 21,498,000 | 29,848,000 |
| Provision for loan losses | -200,000 | -201,000 | -297,000 | -308,000 |
| Pretax income | -529,000 | 624,000 | 1,543,000 | 1,103,000 |
| Income tax | -180,000 | 205,000 | 516,000 | 355,000 |
| Net income | -353,000 | 348,000 | 887,000 | 707,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,789,000 | 13,484,000 | 13,833,000 | 13,395,000 |
| Total capital | 13,560,000 | 14,255,000 | 14,509,000 | 14,060,000 |
| Risk-weighted assets | 69,047,000 | 77,097,000 | 71,394,000 | 84,322,000 |