Call reports 2014
SOUTHWEST BANK OF WEATHERFORD — 2014
What SOUTHWEST BANK OF WEATHERFORD 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 | 67,077,000 | 68,878,000 | 70,564,000 | 72,349,000 |
| Total loans | 33,718,000 | 34,076,000 | 36,047,000 | 37,380,000 |
| Allowance for loan losses | 707,000 | 733,000 | 760,000 | 756,000 |
| Securities available for sale | 22,096,000 | 22,381,000 | 22,252,000 | 24,068,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,153,000 | 60,668,000 | 62,104,000 | 63,809,000 |
| Interest-bearing deposits | 42,800,000 | 43,910,000 | 45,776,000 | 46,175,000 |
| Noninterest-bearing deposits | 16,353,000 | 16,758,000 | 16,328,000 | 17,634,000 |
| Equity capital | 7,640,000 | 7,892,000 | 8,109,000 | 8,262,000 |
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 | 705,000 | 1,439,000 | 2,154,000 | 2,897,000 |
| Interest expense | 40,000 | 84,000 | 130,000 | 178,000 |
| Net interest income | 665,000 | 1,355,000 | 2,024,000 | 2,719,000 |
| Noninterest income | 137,000 | 250,000 | 359,000 | 469,000 |
| Noninterest expense | 474,000 | 970,000 | 1,429,000 | 1,980,000 |
| Provision for loan losses | 45,000 | 90,000 | 120,000 | 120,000 |
| Pretax income | 283,000 | 545,000 | 834,000 | 1,088,000 |
| Income tax | 66,000 | 143,000 | 228,000 | 288,000 |
| Net income | 217,000 | 402,000 | 606,000 | 800,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,355,000 | 7,540,000 | 7,743,000 | 7,938,000 |
| Total capital | 7,906,000 | 8,099,000 | 8,318,000 | 8,549,000 |
| Risk-weighted assets | 43,910,000 | 44,522,000 | 45,830,000 | 48,699,000 |