Call reports 2014
FIRST RELIANCE BANK — 2014
What FIRST RELIANCE 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 | 352,837,000 | 363,148,000 | 367,133,000 | 366,850,000 |
| Total loans | 243,675,000 | 246,498,000 | 257,661,000 | 260,296,000 |
| Allowance for loan losses | 2,803,000 | 2,856,000 | 2,904,000 | 3,006,000 |
| Securities available for sale | 11,223,000 | 11,996,000 | 13,508,000 | 13,016,000 |
| Securities held to maturity | 35,644,000 | 34,267,000 | 32,626,000 | 31,384,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 288,650,000 | 298,122,000 | 295,396,000 | 288,334,000 |
| Interest-bearing deposits | 218,641,000 | 226,213,000 | 222,997,000 | 219,873,000 |
| Noninterest-bearing deposits | 70,009,000 | 71,909,000 | 72,399,000 | 68,461,000 |
| Equity capital | 38,652,000 | 39,141,000 | 42,848,000 | 43,167,000 |
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 | 3,628,000 | 7,303,000 | 11,122,000 | 15,173,000 |
| Interest expense | 304,000 | 523,000 | 722,000 | 913,000 |
| Net interest income | 3,324,000 | 6,780,000 | 10,400,000 | 14,260,000 |
| Noninterest income | 1,082,000 | 2,188,000 | 3,512,000 | 4,623,000 |
| Noninterest expense | 3,986,000 | 8,000,000 | 12,152,000 | 16,035,000 |
| Provision for loan losses | 0 | 46,000 | 98,000 | 706,000 |
| Pretax income | 425,000 | 927,000 | 1,667,000 | 2,147,000 |
| Income tax | 0 | 0 | -2,971,000 | -2,820,000 |
| Net income | 425,000 | 927,000 | 4,638,000 | 4,967,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,503,000 | 39,006,000 | 40,722,000 | 41,050,000 |
| Total capital | 41,306,000 | 41,862,000 | 43,626,000 | 44,056,000 |
| Risk-weighted assets | 283,843,000 | 284,365,000 | 292,608,000 | 294,740,000 |