Call reports 2014
COVINGTON COUNTY BANK — 2014
What COVINGTON COUNTY 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 | 65,796,000 | 67,042,000 | 67,411,000 | 69,366,000 |
| Total loans | 33,984,000 | 33,167,000 | 32,068,000 | 33,564,000 |
| Allowance for loan losses | 122,000 | 131,000 | 129,000 | 140,000 |
| Securities available for sale | 22,862,000 | 24,610,000 | 25,309,000 | 24,126,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,633,000 | 59,614,000 | 59,781,000 | 61,972,000 |
| Interest-bearing deposits | 40,182,000 | 40,677,000 | 42,726,000 | 40,873,000 |
| Noninterest-bearing deposits | 18,451,000 | 18,937,000 | 17,055,000 | 21,099,000 |
| Equity capital | 6,604,000 | 6,834,000 | 6,962,000 | 6,701,000 |
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 | 637,000 | 1,283,000 | 1,914,000 | 2,560,000 |
| Interest expense | 74,000 | 147,000 | 221,000 | 295,000 |
| Net interest income | 563,000 | 1,136,000 | 1,693,000 | 2,265,000 |
| Noninterest income | 94,000 | 196,000 | 308,000 | 402,000 |
| Noninterest expense | 500,000 | 1,002,000 | 1,501,000 | 2,156,000 |
| Provision for loan losses | 31,000 | 47,000 | 47,000 | 62,000 |
| Pretax income | 126,000 | 283,000 | 453,000 | 449,000 |
| Income tax | 32,000 | 76,000 | 124,000 | 123,000 |
| Net income | 94,000 | 207,000 | 329,000 | 326,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,865,000 | 6,977,000 | 7,101,000 | 6,816,000 |
| Total capital | 6,987,000 | 7,108,000 | 7,230,000 | 6,956,000 |
| Risk-weighted assets | 46,469,000 | 49,930,000 | 47,581,000 | 48,723,000 |