Call reports 2013
WEST POINT BANK — 2013
What WEST POINT 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 | 155,409,000 | 156,095,000 | 162,807,000 | 160,025,000 |
| Total loans | 63,393,000 | 61,253,000 | 60,351,000 | 60,095,000 |
| Allowance for loan losses | 797,000 | 798,000 | 802,000 | 795,000 |
| Securities available for sale | 54,354,000 | 62,632,000 | 70,563,000 | 70,346,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,410,000 | 82,985,000 | 86,653,000 | 82,578,000 |
| Interest-bearing deposits | 66,934,000 | 65,734,000 | 68,761,000 | 66,156,000 |
| Noninterest-bearing deposits | 16,476,000 | 17,251,000 | 17,892,000 | 16,422,000 |
| Equity capital | 14,490,000 | 13,823,000 | 13,550,000 | 13,733,000 |
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 | 1,017,000 | 2,178,000 | 3,411,000 | 4,749,000 |
| Interest expense | 139,000 | 271,000 | 403,000 | 533,000 |
| Net interest income | 878,000 | 1,907,000 | 3,008,000 | 4,216,000 |
| Noninterest income | 94,000 | 177,000 | 282,000 | 277,000 |
| Noninterest expense | 747,000 | 1,548,000 | 2,347,000 | 3,195,000 |
| Provision for loan losses | 26,000 | 44,000 | 44,000 | 44,000 |
| Pretax income | 199,000 | 492,000 | 895,000 | 1,249,000 |
| Income tax | 60,000 | 137,000 | 255,000 | 375,000 |
| Net income | 139,000 | 355,000 | 640,000 | 874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,354,000 | 14,570,000 | 14,856,000 | 15,089,000 |
| Total capital | 15,107,000 | 15,336,000 | 15,658,000 | 15,874,000 |
| Risk-weighted assets | 60,201,000 | 61,273,000 | 64,235,000 | 62,778,000 |