Call reports 2013
SMARTBANK — 2013
What SMARTBANK 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 | 440,367,000 | 475,095,000 | 488,086,000 | 508,723,000 |
| Total loans | 307,202,000 | 309,001,000 | 311,614,000 | 315,126,000 |
| Allowance for loan losses | 3,867,000 | 3,821,000 | 3,831,000 | 4,135,000 |
| Securities available for sale | 51,173,000 | 81,288,000 | 90,032,000 | 93,015,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 380,787,000 | 417,624,000 | 430,978,000 | 448,058,000 |
| Interest-bearing deposits | 327,929,000 | 324,715,000 | 372,322,000 | 379,213,000 |
| Noninterest-bearing deposits | 52,858,000 | 92,909,000 | 58,656,000 | 68,845,000 |
| Equity capital | 51,259,000 | 50,541,000 | 51,861,000 | 51,993,000 |
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 | 4,389,000 | 9,101,000 | 14,804,000 | 20,048,000 |
| Interest expense | 644,000 | 1,225,000 | 1,772,000 | 2,288,000 |
| Net interest income | 3,745,000 | 7,876,000 | 13,032,000 | 17,760,000 |
| Noninterest income | 387,000 | 1,234,000 | 1,642,000 | 1,688,000 |
| Noninterest expense | 3,766,000 | 7,238,000 | 10,692,000 | 14,451,000 |
| Provision for loan losses | 181,000 | 233,000 | 286,000 | 582,000 |
| Pretax income | 185,000 | 1,651,000 | 3,702,000 | 4,421,000 |
| Income tax | 71,000 | 667,000 | 1,382,000 | 1,690,000 |
| Net income | 114,000 | 984,000 | 2,320,000 | 2,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,424,000 | 51,337,000 | 52,717,000 | 53,171,000 |
| Total capital | 54,291,000 | 55,158,000 | 56,548,000 | 57,306,000 |
| Risk-weighted assets | 312,857,000 | 321,318,000 | 331,603,000 | 339,863,000 |