Call reports 2014
LOTUS BANK — 2014
What LOTUS 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 | 97,964,000 | 102,321,000 | 101,779,000 | 107,515,000 |
| Total loans | 73,325,000 | 71,815,000 | 72,882,000 | 77,990,000 |
| Allowance for loan losses | 1,324,000 | 1,324,000 | 1,205,000 | 1,205,000 |
| Securities available for sale | 11,019,000 | 12,950,000 | 14,008,000 | 14,002,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,285,000 | 88,397,000 | 87,765,000 | 93,339,000 |
| Interest-bearing deposits | 69,462,000 | 74,519,000 | 73,216,000 | 73,385,000 |
| Noninterest-bearing deposits | 14,823,000 | 13,878,000 | 14,549,000 | 19,954,000 |
| Equity capital | 11,432,000 | 11,613,000 | 11,725,000 | 11,848,000 |
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 | 1,076,000 | 2,056,000 | 3,132,000 | 4,291,000 |
| Interest expense | 147,000 | 309,000 | 475,000 | 643,000 |
| Net interest income | 929,000 | 1,747,000 | 2,657,000 | 3,648,000 |
| Noninterest income | 49,000 | 88,000 | 116,000 | 146,000 |
| Noninterest expense | 712,000 | 1,374,000 | 2,200,000 | 3,110,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 266,000 | 461,000 | 573,000 | 684,000 |
| Income tax | 106,000 | 183,000 | 219,000 | 249,000 |
| Net income | 160,000 | 278,000 | 354,000 | 435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,131,000 | 11,303,000 | 11,440,000 | 11,475,000 |
| Total capital | 12,130,000 | 12,290,000 | 12,410,000 | 12,545,000 |
| Risk-weighted assets | 79,609,000 | 78,675,000 | 79,629,000 | 85,489,000 |