Call reports 2013
MEDALLION BANK — 2013
What MEDALLION 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 | 731,752,000 | 769,328,000 | 804,690,000 | 814,679,000 |
| Total loans | 699,691,000 | 729,472,000 | 763,808,000 | 765,750,000 |
| Allowance for loan losses | 14,192,000 | 17,290,000 | 17,680,000 | 16,434,000 |
| Securities available for sale | 21,480,000 | 22,676,000 | 25,476,000 | 24,464,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 603,382,000 | 632,413,000 | 675,348,000 | 682,281,000 |
| Interest-bearing deposits | 603,382,000 | 632,413,000 | 675,348,000 | 682,281,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 119,218,000 | 119,965,000 | 121,938,000 | 127,786,000 |
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 | 14,740,000 | 30,176,000 | 46,892,000 | 64,101,000 |
| Interest expense | 1,326,000 | 2,607,000 | 3,904,000 | 5,271,000 |
| Net interest income | 13,414,000 | 27,569,000 | 42,988,000 | 58,830,000 |
| Noninterest income | 225,000 | 430,000 | 417,000 | 572,000 |
| Noninterest expense | 4,242,000 | 8,503,000 | 13,693,000 | 19,964,000 |
| Provision for loan losses | 1,599,000 | 5,444,000 | 7,657,000 | 10,290,000 |
| Pretax income | 7,798,000 | 14,061,000 | 22,064,000 | 29,157,000 |
| Income tax | 3,091,000 | 5,489,000 | 8,225,000 | 10,718,000 |
| Net income | 4,707,000 | 8,572,000 | 13,839,000 | 18,439,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 117,745,000 | 119,120,000 | 121,400,000 | 127,512,000 |
| Total capital | 126,713,000 | 128,534,000 | 131,262,000 | 137,494,000 |
| Risk-weighted assets | 712,197,000 | 745,245,000 | 781,115,000 | 792,129,000 |