Call reports 2014
SKOWHEGAN SAVINGS BANK — 2014
What SKOWHEGAN SAVINGS 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 | 506,564,000 | 528,376,000 | 534,448,000 | 534,853,000 |
| Total loans | 389,829,000 | 397,592,000 | 404,570,000 | 405,954,000 |
| Allowance for loan losses | 3,684,000 | 3,793,000 | 3,937,000 | 3,994,000 |
| Securities available for sale | 73,003,000 | 88,070,000 | 86,135,000 | 85,625,000 |
| Securities held to maturity | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 389,407,000 | 379,340,000 | 387,545,000 | 388,820,000 |
| Interest-bearing deposits | 306,534,000 | 297,150,000 | 292,028,000 | 295,133,000 |
| Noninterest-bearing deposits | 82,873,000 | 82,190,000 | 95,517,000 | 93,687,000 |
| Equity capital | 69,588,000 | 70,949,000 | 71,244,000 | 72,135,000 |
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 | 4,854,000 | 9,795,000 | 14,815,000 | 19,852,000 |
| Interest expense | 644,000 | 1,260,000 | 1,855,000 | 2,437,000 |
| Net interest income | 4,210,000 | 8,535,000 | 12,960,000 | 17,415,000 |
| Noninterest income | 562,000 | 1,143,000 | 1,696,000 | 2,211,000 |
| Noninterest expense | 3,785,000 | 7,461,000 | 11,040,000 | 14,970,000 |
| Provision for loan losses | 141,000 | 308,000 | 545,000 | 656,000 |
| Pretax income | 843,000 | 1,928,000 | 3,150,000 | 4,348,000 |
| Income tax | 225,000 | 529,000 | 898,000 | 1,231,000 |
| Net income | 618,000 | 1,399,000 | 2,252,000 | 3,117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 62,138,000 | 63,061,000 | 64,058,000 | 65,068,000 |
| Total capital | 67,680,000 | 68,914,000 | 69,894,000 | 70,938,000 |
| Risk-weighted assets | 360,291,000 | 366,104,000 | 372,427,000 | 371,474,000 |