Call reports 2014
PINELAND STATE BANK — 2014
What PINELAND 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 | 57,240,000 | 56,389,000 | 54,474,000 | 53,607,000 |
| Total loans | 33,120,000 | 34,388,000 | 33,328,000 | 30,715,000 |
| Allowance for loan losses | 548,000 | 597,000 | 629,000 | 571,000 |
| Securities available for sale | 6,472,000 | 6,735,000 | 6,143,000 | 6,030,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,772,000 | 50,790,000 | 48,858,000 | 48,081,000 |
| Interest-bearing deposits | 40,508,000 | 39,897,000 | 40,249,000 | 39,741,000 |
| Noninterest-bearing deposits | 11,264,000 | 10,894,000 | 8,609,000 | 8,340,000 |
| Equity capital | 5,230,000 | 5,284,000 | 5,290,000 | 5,288,000 |
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 | 535,000 | 1,090,000 | 1,647,000 | 2,174,000 |
| Interest expense | 52,000 | 102,000 | 152,000 | 201,000 |
| Net interest income | 483,000 | 988,000 | 1,495,000 | 1,973,000 |
| Noninterest income | 112,000 | 192,000 | 288,000 | 430,000 |
| Noninterest expense | 498,000 | 990,000 | 1,541,000 | 2,113,000 |
| Provision for loan losses | 60,000 | 110,000 | 140,000 | 140,000 |
| Pretax income | 37,000 | 80,000 | 102,000 | 150,000 |
| Income tax | 13,000 | 28,000 | 36,000 | 79,000 |
| Net income | 24,000 | 52,000 | 66,000 | 71,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,994,000 | 5,023,000 | 5,011,000 | 5,127,000 |
| Total capital | 5,428,000 | 5,461,000 | 5,441,000 | 5,528,000 |
| Risk-weighted assets | 34,608,000 | 34,887,000 | 34,168,000 | 31,884,000 |