Call reports 2014
QUONTIC BANK — 2014
What QUONTIC 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 | 126,011,000 | 129,807,000 | 135,089,000 | 139,649,000 |
| Total loans | 108,794,000 | 113,321,000 | 116,707,000 | 120,625,000 |
| Allowance for loan losses | 987,000 | 1,035,000 | 1,070,000 | 1,074,000 |
| Securities available for sale | 118,000 | 111,000 | 68,000 | 68,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,094,000 | 112,365,000 | 116,944,000 | 121,027,000 |
| Interest-bearing deposits | 101,631,000 | 103,195,000 | 107,971,000 | 111,974,000 |
| Noninterest-bearing deposits | 7,463,000 | 9,170,000 | 8,973,000 | 9,053,000 |
| Equity capital | 16,054,000 | 16,334,000 | 16,946,000 | 17,416,000 |
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 | 1,728,000 | 3,749,000 | 5,627,000 | 7,525,000 |
| Interest expense | 273,000 | 542,000 | 824,000 | 1,110,000 |
| Net interest income | 1,455,000 | 3,207,000 | 4,803,000 | 6,415,000 |
| Noninterest income | 700,000 | 1,626,000 | 3,000,000 | 4,037,000 |
| Noninterest expense | 2,362,000 | 4,702,000 | 6,971,000 | 9,105,000 |
| Provision for loan losses | -74,000 | -29,000 | 2,000 | 2,000 |
| Pretax income | -133,000 | 160,000 | 830,000 | 1,345,000 |
| Income tax | 0 | 13,000 | 70,000 | 116,000 |
| Net income | -133,000 | 147,000 | 760,000 | 1,229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,019,000 | 14,299,000 | 14,911,000 | 15,381,000 |
| Total capital | 14,894,000 | 15,219,000 | 15,849,000 | 16,344,000 |
| Risk-weighted assets | 69,961,000 | 73,506,000 | 74,937,000 | 76,908,000 |