Call reports 2014
PATRIOTS BANK — 2014
What PATRIOTS 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 | 87,083,000 | 87,981,000 | 89,112,000 | 92,638,000 |
| Total loans | 54,350,000 | 55,496,000 | 56,169,000 | 59,833,000 |
| Allowance for loan losses | 814,000 | 814,000 | 831,000 | 833,000 |
| Securities available for sale | 24,271,000 | 24,846,000 | 24,820,000 | 23,741,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,097,000 | 77,844,000 | 78,163,000 | 79,624,000 |
| Interest-bearing deposits | 66,608,000 | 64,806,000 | 65,291,000 | 67,294,000 |
| Noninterest-bearing deposits | 11,489,000 | 13,038,000 | 12,872,000 | 12,330,000 |
| Equity capital | 8,488,000 | 8,858,000 | 9,095,000 | 9,162,000 |
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 | 870,000 | 1,752,000 | 2,667,000 | 3,591,000 |
| Interest expense | 62,000 | 121,000 | 179,000 | 238,000 |
| Net interest income | 808,000 | 1,631,000 | 2,488,000 | 3,353,000 |
| Noninterest income | 98,000 | 255,000 | 386,000 | 516,000 |
| Noninterest expense | 718,000 | 1,449,000 | 2,197,000 | 2,957,000 |
| Provision for loan losses | 17,000 | 15,000 | 30,000 | 43,000 |
| Pretax income | 171,000 | 437,000 | 663,000 | 894,000 |
| Income tax | 0 | 11,000 | 21,000 | 30,000 |
| Net income | 171,000 | 426,000 | 642,000 | 864,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,383,000 | 8,645,000 | 8,866,000 | 8,978,000 |
| Total capital | 9,081,000 | 9,352,000 | 9,578,000 | 9,735,000 |
| Risk-weighted assets | 55,746,000 | 56,465,000 | 56,792,000 | 60,536,000 |