Call reports 2014
WEST POINT BANK — 2014
What WEST POINT 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 | 159,857,000 | 154,100,000 | 156,452,000 | 161,503,000 |
| Total loans | 58,923,000 | 59,092,000 | 60,388,000 | 61,957,000 |
| Allowance for loan losses | 777,000 | 781,000 | 767,000 | 740,000 |
| Securities available for sale | 72,372,000 | 75,095,000 | 72,152,000 | 75,091,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,279,000 | 83,717,000 | 81,689,000 | 80,860,000 |
| Interest-bearing deposits | 67,000,000 | 66,972,000 | 65,649,000 | 65,053,000 |
| Noninterest-bearing deposits | 17,279,000 | 16,745,000 | 16,040,000 | 15,807,000 |
| Equity capital | 14,675,000 | 15,338,000 | 15,760,000 | 16,546,000 |
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 | 1,294,000 | 2,617,000 | 3,931,000 | 5,267,000 |
| Interest expense | 121,000 | 232,000 | 343,000 | 449,000 |
| Net interest income | 1,173,000 | 2,385,000 | 3,588,000 | 4,818,000 |
| Noninterest income | 102,000 | 158,000 | 272,000 | 406,000 |
| Noninterest expense | 811,000 | 1,628,000 | 2,439,000 | 3,276,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 464,000 | 914,000 | 1,416,000 | 1,943,000 |
| Income tax | 135,000 | 270,000 | 411,000 | 481,000 |
| Net income | 329,000 | 644,000 | 1,005,000 | 1,462,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,418,000 | 15,733,000 | 16,095,000 | 16,551,000 |
| Total capital | 16,185,000 | 16,483,000 | 16,862,000 | 17,291,000 |
| Risk-weighted assets | 61,311,000 | 59,951,000 | 63,653,000 | 65,761,000 |