Call reports 2014
MIDTOWN BANK & TRUST COMPANY — 2014
What MIDTOWN BANK & TRUST COMPANY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Total assets | 200,005,000 | 205,436,000 | 215,420,000 |
| Total loans | 134,156,000 | 137,308,000 | 149,890,000 |
| Allowance for loan losses | 2,379,000 | 2,414,000 | 2,132,000 |
| Securities available for sale | 40,057,000 | 38,339,000 | 37,226,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 159,027,000 | 163,891,000 | 173,258,000 |
| Interest-bearing deposits | 134,800,000 | 129,016,000 | 137,437,000 |
| Noninterest-bearing deposits | 24,227,000 | 34,875,000 | 35,821,000 |
| Equity capital | 20,432,000 | 20,894,000 | 21,135,000 |
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 |
|---|---|---|---|
| Interest income | 2,206,000 | 4,354,000 | 6,647,000 |
| Interest expense | 441,000 | 879,000 | 1,335,000 |
| Net interest income | 1,765,000 | 3,475,000 | 5,312,000 |
| Noninterest income | 336,000 | 790,000 | 1,465,000 |
| Noninterest expense | 1,698,000 | 3,565,000 | 5,662,000 |
| Provision for loan losses | -40,000 | -40,000 | -40,000 |
| Pretax income | 488,000 | 785,000 | 1,200,000 |
| Income tax | 188,000 | 317,000 | 485,000 |
| Net income | 300,000 | 468,000 | 715,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Tier 1 capital | 18,044,000 | 18,560,000 | 18,879,000 |
| Total capital | 20,045,000 | 20,606,000 | 21,066,000 |
| Risk-weighted assets | 159,665,000 | 163,220,000 | 177,399,000 |