Call reports 2013
PORTAGE BANK — 2013
What PORTAGE 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 | 12,884,000 | 12,977,000 | 12,894,000 | 11,685,000 |
| Total loans | 4,868,000 | 5,411,000 | 5,409,000 | 5,083,000 |
| Allowance for loan losses | 102,000 | 104,000 | 104,000 | 99,000 |
| Securities available for sale | 1,868,000 | 1,497,000 | 1,669,000 | 1,829,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,518,000 | 11,654,000 | 11,519,000 | 10,325,000 |
| Interest-bearing deposits | 9,207,000 | 9,477,000 | 9,493,000 | 8,621,000 |
| Noninterest-bearing deposits | 2,311,000 | 2,177,000 | 2,027,000 | 1,703,000 |
| Equity capital | 1,290,000 | 1,272,000 | 1,307,000 | 1,300,000 |
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 | 90,000 | 187,000 | 288,000 | 389,000 |
| Interest expense | 10,000 | 19,000 | 28,000 | 37,000 |
| Net interest income | 80,000 | 168,000 | 260,000 | 352,000 |
| Noninterest income | 9,000 | 17,000 | 26,000 | 36,000 |
| Noninterest expense | 68,000 | 153,000 | 218,000 | 302,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,000 |
| Pretax income | 21,000 | 54,000 | 89,000 | 103,000 |
| Income tax | 4,000 | 12,000 | 22,000 | 30,000 |
| Net income | 17,000 | 42,000 | 67,000 | 73,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,256,000 | 1,280,000 | 1,306,000 | 1,312,000 |
| Total capital | 1,328,000 | 1,355,000 | 1,380,000 | 1,384,000 |
| Risk-weighted assets | 5,765,000 | 5,955,000 | 5,882,000 | 5,711,000 |