Call reports 2014
PILGRIM BANK — 2014
What PILGRIM 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 | 392,910,000 | 386,129,000 | 387,351,000 | 374,044,000 |
| Total loans | 219,113,000 | 226,417,000 | 221,754,000 | 220,483,000 |
| Allowance for loan losses | 2,512,000 | 2,513,000 | 2,526,000 | 1,424,000 |
| Securities available for sale | 142,302,000 | 131,329,000 | 126,736,000 | 98,663,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,719,000 | 305,532,000 | 305,861,000 | 298,273,000 |
| Interest-bearing deposits | 263,434,000 | 253,870,000 | 255,782,000 | 237,663,000 |
| Noninterest-bearing deposits | 48,285,000 | 51,662,000 | 50,079,000 | 60,610,000 |
| Equity capital | 43,992,000 | 45,129,000 | 45,816,000 | 46,552,000 |
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 | 3,608,000 | 7,112,000 | 10,678,000 | 14,127,000 |
| Interest expense | 701,000 | 1,406,000 | 2,102,000 | 2,738,000 |
| Net interest income | 2,907,000 | 5,706,000 | 8,576,000 | 11,389,000 |
| Noninterest income | 296,000 | 594,000 | 879,000 | 1,204,000 |
| Noninterest expense | 2,166,000 | 4,308,000 | 6,465,000 | 8,661,000 |
| Provision for loan losses | 0 | 10,000 | 10,000 | 70,000 |
| Pretax income | 1,037,000 | 1,994,000 | 2,992,000 | 4,107,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,037,000 | 1,994,000 | 2,992,000 | 4,107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,897,000 | 36,507,000 | 37,177,000 | 37,869,000 |
| Total capital | 38,436,000 | 39,045,000 | 39,729,000 | 39,327,000 |
| Risk-weighted assets | 224,502,000 | 231,454,000 | 227,569,000 | 221,227,000 |