Call reports 2013
PINELAND STATE BANK — 2013
What PINELAND STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 62,463,000 | 58,738,000 | 55,439,000 | 54,832,000 |
| Total loans | 33,487,000 | 32,989,000 | 32,557,000 | 32,355,000 |
| Allowance for loan losses | 728,000 | 667,000 | 622,000 | 617,000 |
| Securities available for sale | 6,219,000 | 5,586,000 | 5,487,000 | 5,396,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,677,000 | 52,951,000 | 49,698,000 | 49,364,000 |
| Interest-bearing deposits | 43,284,000 | 42,239,000 | 41,123,000 | 40,949,000 |
| Noninterest-bearing deposits | 13,393,000 | 10,712,000 | 8,575,000 | 8,415,000 |
| Equity capital | 5,559,000 | 5,518,000 | 5,494,000 | 5,224,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 662,000 | 1,230,000 | 1,807,000 | 2,340,000 |
| Interest expense | 72,000 | 140,000 | 204,000 | 261,000 |
| Net interest income | 590,000 | 1,090,000 | 1,603,000 | 2,079,000 |
| Noninterest income | 82,000 | 103,000 | 182,000 | 17,000 |
| Noninterest expense | 500,000 | 1,009,000 | 1,604,000 | 2,118,000 |
| Provision for loan losses | 120,000 | 155,000 | 188,000 | 187,000 |
| Pretax income | 52,000 | 29,000 | -7,000 | -209,000 |
| Income tax | 17,000 | 6,000 | -9,000 | 69,000 |
| Net income | 35,000 | 23,000 | 2,000 | -278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,217,000 | 5,168,000 | 5,128,000 | 4,900,000 |
| Total capital | 5,667,000 | 5,614,000 | 5,567,000 | 5,328,000 |
| Risk-weighted assets | 35,759,000 | 35,498,000 | 34,927,000 | 34,046,000 |