Call reports 2014
MEDALLION BANK — 2014
What MEDALLION 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 | 848,018,000 | 925,571,000 | 957,517,000 | 964,214,000 |
| Total loans | 792,283,000 | 866,122,000 | 901,336,000 | 898,831,000 |
| Allowance for loan losses | 16,966,000 | 18,116,000 | 18,089,000 | 17,797,000 |
| Securities available for sale | 25,029,000 | 29,127,000 | 27,846,000 | 27,900,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 697,497,000 | 775,853,000 | 805,834,000 | 808,088,000 |
| Interest-bearing deposits | 697,497,000 | 775,853,000 | 805,834,000 | 808,088,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 130,693,000 | 144,222,000 | 146,904,000 | 149,444,000 |
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 | 17,159,000 | 35,811,000 | 56,542,000 | 77,539,000 |
| Interest expense | 1,446,000 | 3,075,000 | 4,978,000 | 7,008,000 |
| Net interest income | 15,713,000 | 32,736,000 | 51,564,000 | 70,531,000 |
| Noninterest income | 29,000 | 72,000 | 94,000 | 112,000 |
| Noninterest expense | 4,634,000 | 9,439,000 | 14,451,000 | 19,818,000 |
| Provision for loan losses | 2,028,000 | 4,054,000 | 6,298,000 | 8,056,000 |
| Pretax income | 9,080,000 | 19,315,000 | 30,909,000 | 42,769,000 |
| Income tax | 3,357,000 | 7,141,000 | 11,981,000 | 16,508,000 |
| Net income | 5,723,000 | 12,174,000 | 18,928,000 | 26,261,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 130,170,000 | 143,554,000 | 146,242,000 | 148,510,000 |
| Total capital | 140,509,000 | 154,847,000 | 157,968,000 | 160,220,000 |
| Risk-weighted assets | 820,476,000 | 896,630,000 | 931,737,000 | 930,737,000 |