Call reports 2015
WEST POINT BANK — 2015
What WEST POINT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 158,516,000 | 160,924,000 | 172,149,000 | 178,988,000 |
| Total loans | 62,598,000 | 64,694,000 | 66,109,000 | 68,711,000 |
| Allowance for loan losses | 751,000 | 757,000 | 750,000 | 755,000 |
| Securities available for sale | 70,753,000 | 71,776,000 | 76,827,000 | 81,997,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,932,000 | 81,665,000 | 81,861,000 | 82,051,000 |
| Interest-bearing deposits | 64,928,000 | 63,754,000 | 62,127,000 | 61,278,000 |
| Noninterest-bearing deposits | 18,004,000 | 17,911,000 | 19,734,000 | 20,773,000 |
| Equity capital | 17,089,000 | 17,151,000 | 17,677,000 | 18,075,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,245,000 | 2,568,000 | 3,944,000 | 5,370,000 |
| Interest expense | 101,000 | 202,000 | 297,000 | 388,000 |
| Net interest income | 1,144,000 | 2,366,000 | 3,647,000 | 4,982,000 |
| Noninterest income | 116,000 | 275,000 | 333,000 | 418,000 |
| Noninterest expense | 807,000 | 1,690,000 | 2,531,000 | 3,460,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 568,000 | 1,065,000 | 1,560,000 | 2,051,000 |
| Income tax | 175,000 | 326,000 | 479,000 | 538,000 |
| Net income | 393,000 | 739,000 | 1,081,000 | 1,513,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,944,000 | 17,290,000 | 17,633,000 | 18,064,000 |
| Total capital | 17,695,000 | 18,047,000 | 18,383,000 | 18,819,000 |
| Risk-weighted assets | 69,273,000 | 70,396,000 | 72,219,000 | 93,001,000 |