Call reports 2014
LORRAINE STATE BANK — 2014
What LORRAINE STATE 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 | 24,848,000 | 25,257,000 | 25,002,000 | 25,693,000 |
| Total loans | 15,026,000 | 15,720,000 | 15,582,000 | 16,111,000 |
| Allowance for loan losses | 138,000 | 137,000 | 142,000 | 215,000 |
| Securities available for sale | 3,155,000 | 3,165,000 | 3,157,000 | 3,157,000 |
| Securities held to maturity | 3,432,000 | 3,532,000 | 3,232,000 | 3,216,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 21,945,000 | 22,258,000 | 21,897,000 | 22,685,000 |
| Interest-bearing deposits | 18,646,000 | 18,596,000 | 18,526,000 | 18,076,000 |
| Noninterest-bearing deposits | 3,299,000 | 3,662,000 | 3,371,000 | 4,609,000 |
| Equity capital | 2,783,000 | 2,855,000 | 2,922,000 | 2,928,000 |
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 | 223,000 | 451,000 | 683,000 | 912,000 |
| Interest expense | 25,000 | 47,000 | 65,000 | 83,000 |
| Net interest income | 198,000 | 404,000 | 618,000 | 829,000 |
| Noninterest income | 6,000 | 11,000 | 18,000 | 24,000 |
| Noninterest expense | 101,000 | 212,000 | 326,000 | 496,000 |
| Provision for loan losses | 0 | 0 | 0 | 92,000 |
| Pretax income | 103,000 | 203,000 | 310,000 | 265,000 |
| Income tax | 30,000 | 63,000 | 98,000 | 48,000 |
| Net income | 73,000 | 140,000 | 212,000 | 217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,748,000 | 2,815,000 | 2,886,000 | 2,892,000 |
| Total capital | 2,886,000 | 2,952,000 | 3,028,000 | 3,107,000 |
| Risk-weighted assets | 16,838,000 | 17,541,000 | 17,324,000 | 17,901,000 |