Call reports 2014
IOWA STATE BANK AND TRUST COMPANY — 2014
What IOWA STATE BANK AND TRUST COMPANY 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 | 96,234,000 | 102,996,000 | 115,673,000 | 115,819,000 |
| Total loans | 69,482,000 | 71,755,000 | 71,771,000 | 71,995,000 |
| Allowance for loan losses | 741,000 | 734,000 | 753,000 | 801,000 |
| Securities available for sale | 4,510,000 | 6,425,000 | 8,586,000 | 9,945,000 |
| Securities held to maturity | 70,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,202,000 | 85,603,000 | 98,182,000 | 97,197,000 |
| Interest-bearing deposits | 53,236,000 | 56,648,000 | 65,080,000 | 67,409,000 |
| Noninterest-bearing deposits | 25,966,000 | 28,955,000 | 33,102,000 | 29,788,000 |
| Equity capital | 9,198,000 | 9,547,000 | 9,753,000 | 9,836,000 |
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 | 949,000 | 1,955,000 | 2,998,000 | 4,068,000 |
| Interest expense | 129,000 | 270,000 | 418,000 | 588,000 |
| Net interest income | 820,000 | 1,685,000 | 2,580,000 | 3,480,000 |
| Noninterest income | 130,000 | 268,000 | 427,000 | 625,000 |
| Noninterest expense | 777,000 | 1,526,000 | 2,251,000 | 3,011,000 |
| Provision for loan losses | 0 | 0 | 20,000 | 50,000 |
| Pretax income | 206,000 | 460,000 | 769,000 | 1,076,000 |
| Income tax | 64,000 | 133,000 | 164,000 | 259,000 |
| Net income | 142,000 | 327,000 | 605,000 | 817,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,623,000 | 9,932,000 | 10,133,000 | 10,269,000 |
| Total capital | 10,364,000 | 10,666,000 | 10,886,000 | 11,070,000 |
| Risk-weighted assets | 71,479,000 | 69,273,000 | 70,737,000 | 71,346,000 |