Call reports 2014
FIRST NATIONAL BANK OF SOUTH MIAMI — 2014
What FIRST NATIONAL BANK OF SOUTH MIAMI 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 | 540,695,000 | 558,413,000 | 582,356,000 | 599,175,000 |
| Total loans | 219,689,000 | 234,146,000 | 236,377,000 | 244,582,000 |
| Allowance for loan losses | 2,290,000 | 2,606,000 | 2,707,000 | 2,752,000 |
| Securities available for sale | 141,614,000 | 143,077,000 | 141,955,000 | 174,373,000 |
| Securities held to maturity | 107,121,000 | 108,547,000 | 105,173,000 | 101,536,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 430,494,000 | 451,700,000 | 470,533,000 | 480,062,000 |
| Interest-bearing deposits | 302,751,000 | 299,144,000 | 296,315,000 | 307,268,000 |
| Noninterest-bearing deposits | 127,743,000 | 152,556,000 | 174,218,000 | 172,794,000 |
| Equity capital | 41,585,000 | 43,528,000 | 44,121,000 | 45,430,000 |
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 | 3,965,000 | 7,997,000 | 12,215,000 | 16,493,000 |
| Interest expense | 460,000 | 922,000 | 1,374,000 | 1,821,000 |
| Net interest income | 3,505,000 | 7,075,000 | 10,841,000 | 14,672,000 |
| Noninterest income | 731,000 | 1,332,000 | 2,060,000 | 2,717,000 |
| Noninterest expense | 3,444,000 | 6,446,000 | 9,631,000 | 12,940,000 |
| Provision for loan losses | 30,000 | 345,000 | 371,000 | 516,000 |
| Pretax income | 615,000 | 1,444,000 | 2,497,000 | 3,419,000 |
| Income tax | 240,000 | 563,000 | 974,000 | 1,273,000 |
| Net income | 375,000 | 881,000 | 1,523,000 | 2,146,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,116,000 | 47,269,000 | 47,912,000 | 48,536,000 |
| Total capital | 48,543,000 | 50,025,000 | 50,808,000 | 51,477,000 |
| Risk-weighted assets | 286,473,000 | 281,982,000 | 279,823,000 | 289,449,000 |