Call reports 2014
BATTLE CREEK STATE BANK — 2014
What BATTLE CREEK STATE 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 | 27,917,000 | 33,624,000 | 29,321,000 | 36,214,000 |
| Total loans | 18,944,000 | 18,424,000 | 21,094,000 | 24,444,000 |
| Allowance for loan losses | 389,000 | 389,000 | 389,000 | 389,000 |
| Securities available for sale | 4,173,000 | 3,916,000 | 3,166,000 | 2,685,000 |
| Securities held to maturity | 375,000 | 375,000 | 375,000 | 375,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,159,000 | 28,870,000 | 23,845,000 | 30,190,000 |
| Interest-bearing deposits | 17,564,000 | 17,384,000 | 18,780,000 | 22,590,000 |
| Noninterest-bearing deposits | 5,595,000 | 11,486,000 | 5,065,000 | 7,600,000 |
| Equity capital | 3,101,000 | 3,092,000 | 3,810,000 | 4,398,000 |
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 | 276,000 | 526,000 | 784,000 | 1,076,000 |
| Interest expense | 31,000 | 61,000 | 93,000 | 131,000 |
| Net interest income | 245,000 | 465,000 | 691,000 | 945,000 |
| Noninterest income | 37,000 | 68,000 | 103,000 | 177,000 |
| Noninterest expense | 224,000 | 446,000 | 680,000 | 901,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 58,000 | 87,000 | 114,000 | 221,000 |
| Income tax | 15,000 | 21,000 | 26,000 | 46,000 |
| Net income | 43,000 | 66,000 | 88,000 | 175,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,075,000 | 3,068,000 | 3,790,000 | 4,378,000 |
| Total capital | 3,342,000 | 3,346,000 | 4,074,000 | 4,718,000 |
| Risk-weighted assets | 21,260,000 | 22,133,000 | 23,271,000 | 27,156,000 |