Call reports 2014
FOUNDATION BANK — 2014
What FOUNDATION 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 | 123,821,000 | 119,296,000 | 119,574,000 | 123,451,000 |
| Total loans | 47,793,000 | 51,295,000 | 51,773,000 | 51,439,000 |
| Allowance for loan losses | 1,528,000 | 1,513,000 | 1,511,000 | 1,510,000 |
| Securities available for sale | 21,138,000 | 20,978,000 | 20,765,000 | 20,539,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,762,000 | 101,905,000 | 101,974,000 | 105,927,000 |
| Interest-bearing deposits | 77,724,000 | 76,396,000 | 75,915,000 | 77,868,000 |
| Noninterest-bearing deposits | 29,038,000 | 25,509,000 | 26,059,000 | 28,058,000 |
| Equity capital | 15,894,000 | 16,386,000 | 16,852,000 | 17,007,000 |
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 | 1,394,000 | 2,791,000 | 4,224,000 | 5,675,000 |
| Interest expense | 93,000 | 186,000 | 280,000 | 375,000 |
| Net interest income | 1,301,000 | 2,605,000 | 3,944,000 | 5,300,000 |
| Noninterest income | 975,000 | 1,758,000 | 2,443,000 | 2,988,000 |
| Noninterest expense | 1,338,000 | 2,736,000 | 4,093,000 | 5,713,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 923,000 | 1,597,000 | 2,249,000 | 2,514,000 |
| Income tax | 353,000 | 590,000 | 818,000 | 892,000 |
| Net income | 570,000 | 1,007,000 | 1,431,000 | 1,622,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,592,000 | 16,107,000 | 16,600,000 | 16,789,000 |
| Total capital | 16,344,000 | 16,896,000 | 17,386,000 | 17,577,000 |
| Risk-weighted assets | 59,377,000 | 62,393,000 | 62,145,000 | 62,328,000 |