Call reports 2014
FOUNDATION BANK — 2014
What FOUNDATION 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 | 195,963,000 | 195,237,000 | 209,826,000 | 204,863,000 |
| Total loans | 173,681,000 | 169,715,000 | 181,986,000 | 181,825,000 |
| Allowance for loan losses | 2,686,000 | 2,717,000 | 2,687,000 | 2,735,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,000 | 5,000 | 4,000 | 4,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,754,000 | 137,438,000 | 143,462,000 | 138,062,000 |
| Interest-bearing deposits | 129,599,000 | 127,985,000 | 128,302,000 | 127,595,000 |
| Noninterest-bearing deposits | 9,155,000 | 9,453,000 | 15,160,000 | 10,467,000 |
| Equity capital | 32,979,000 | 33,582,000 | 34,150,000 | 34,772,000 |
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 | 2,097,000 | 4,224,000 | 6,284,000 | 8,426,000 |
| Interest expense | 420,000 | 835,000 | 1,254,000 | 1,686,000 |
| Net interest income | 1,677,000 | 3,389,000 | 5,030,000 | 6,740,000 |
| Noninterest income | 81,000 | 151,000 | 229,000 | 296,000 |
| Noninterest expense | 1,142,000 | 2,276,000 | 3,382,000 | 4,492,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 571,000 | 1,174,000 | 1,742,000 | 2,364,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 571,000 | 1,174,000 | 1,742,000 | 2,364,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,305,000 | 28,929,000 | 29,518,000 | 30,160,000 |
| Total capital | 30,286,000 | 30,902,000 | 31,599,000 | 32,266,000 |
| Risk-weighted assets | 157,766,000 | 157,056,000 | 165,895,000 | 167,899,000 |