Call reports 2014
SMARTBANK — 2014
What SMARTBANK 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 | 496,812,000 | 502,617,000 | 535,377,000 | 533,900,000 |
| Total loans | 331,355,000 | 346,419,000 | 354,858,000 | 363,210,000 |
| Allowance for loan losses | 4,161,000 | 4,092,000 | 3,914,000 | 3,631,000 |
| Securities available for sale | 99,142,000 | 91,588,000 | 104,247,000 | 98,877,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 437,780,000 | 442,392,000 | 474,262,000 | 455,463,000 |
| Interest-bearing deposits | 382,146,000 | 384,849,000 | 411,440,000 | 401,789,000 |
| Noninterest-bearing deposits | 55,635,000 | 57,543,000 | 62,822,000 | 53,674,000 |
| Equity capital | 53,015,000 | 53,643,000 | 54,398,000 | 55,412,000 |
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 | 5,292,000 | 10,091,000 | 15,535,000 | 20,754,000 |
| Interest expense | 500,000 | 1,000,000 | 1,526,000 | 2,037,000 |
| Net interest income | 4,792,000 | 9,091,000 | 14,009,000 | 18,717,000 |
| Noninterest income | 267,000 | 299,000 | 598,000 | 640,000 |
| Noninterest expense | 3,809,000 | 7,691,000 | 11,824,000 | 15,741,000 |
| Provision for loan losses | 244,000 | 443,000 | 299,000 | 432,000 |
| Pretax income | 1,006,000 | 1,252,000 | 2,480,000 | 3,300,000 |
| Income tax | 376,000 | 479,000 | 920,000 | 1,122,000 |
| Net income | 630,000 | 773,000 | 1,560,000 | 2,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,775,000 | 53,961,000 | 54,794,000 | 55,457,000 |
| Total capital | 57,936,000 | 58,053,000 | 58,708,000 | 59,088,000 |
| Risk-weighted assets | 358,076,000 | 376,611,000 | 389,737,000 | 401,062,000 |