Call reports 2013
LOTUS BANK — 2013
What LOTUS 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 | 82,002,000 | 83,037,000 | 84,611,000 | 93,627,000 |
| Total loans | 61,919,000 | 62,098,000 | 69,798,000 | 72,045,000 |
| Allowance for loan losses | 1,351,000 | 1,351,000 | 1,286,000 | 1,286,000 |
| Securities available for sale | 10,527,000 | 10,162,000 | 10,069,000 | 9,721,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,805,000 | 71,791,000 | 71,678,000 | 80,033,000 |
| Interest-bearing deposits | 58,247,000 | 58,805,000 | 59,330,000 | 64,347,000 |
| Noninterest-bearing deposits | 12,558,000 | 12,986,000 | 12,348,000 | 15,686,000 |
| Equity capital | 10,946,000 | 10,932,000 | 11,050,000 | 11,182,000 |
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 | 957,000 | 1,916,000 | 2,944,000 | 4,083,000 |
| Interest expense | 124,000 | 249,000 | 377,000 | 518,000 |
| Net interest income | 833,000 | 1,667,000 | 2,567,000 | 3,565,000 |
| Noninterest income | 71,000 | 313,000 | 330,000 | 355,000 |
| Noninterest expense | 754,000 | 1,467,000 | 2,171,000 | 2,915,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 150,000 | 513,000 | 726,000 | 1,005,000 |
| Income tax | 38,000 | 153,000 | 179,000 | 344,000 |
| Net income | 112,000 | 360,000 | 547,000 | 661,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,446,000 | 10,815,000 | 11,036,000 | 11,008,000 |
| Total capital | 11,324,000 | 11,705,000 | 11,997,000 | 11,983,000 |
| Risk-weighted assets | 69,770,000 | 70,740,000 | 76,595,000 | 77,959,000 |