Call reports 2014
HIGHLANDS INDEPENDENT BANK — 2014
What HIGHLANDS INDEPENDENT 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 |
|---|---|---|---|
| Total assets | 247,936,000 | 251,430,000 | 243,688,000 |
| Total loans | 122,669,000 | 120,170,000 | 118,483,000 |
| Allowance for loan losses | 4,777,000 | 4,495,000 | 4,471,000 |
| Securities available for sale | 42,876,000 | 41,601,000 | 39,775,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 232,444,000 | 235,251,000 | 227,460,000 |
| Interest-bearing deposits | 152,341,000 | 150,915,000 | 147,068,000 |
| Noninterest-bearing deposits | 80,103,000 | 84,336,000 | 80,392,000 |
| Equity capital | 13,169,000 | 13,710,000 | 13,805,000 |
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 | 1,805,000 | 3,612,000 | 5,470,000 |
| Interest expense | 106,000 | 201,000 | 294,000 |
| Net interest income | 1,699,000 | 3,411,000 | 5,176,000 |
| Noninterest income | 374,000 | 795,000 | 1,151,000 |
| Noninterest expense | 2,044,000 | 4,079,000 | 6,017,000 |
| Provision for loan losses | 0 | 0 | 7,000 |
| Pretax income | -313,000 | -215,000 | -39,000 |
| Income tax | -371,000 | -467,000 | -436,000 |
| Net income | 58,000 | 252,000 | 397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Tier 1 capital | 13,371,000 | 13,565,000 | 13,711,000 |
| Total capital | 15,161,000 | 15,305,000 | 15,398,000 |
| Risk-weighted assets | 140,203,000 | 136,454,000 | 132,209,000 |