Call reports 2005
CHOICE FINANCIAL GROUP — 2005
What CHOICE FINANCIAL GROUP reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 287,183,000 | 292,684,000 | 305,132,000 | 325,918,000 |
| Total loans | 250,365,000 | 251,357,000 | 258,662,000 | 266,764,000 |
| Allowance for loan losses | 2,894,000 | 3,125,000 | 3,221,000 | 3,278,000 |
| Securities available for sale | 20,409,000 | 23,044,000 | 24,319,000 | 26,510,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,942,000 | 246,266,000 | 254,159,000 | 281,961,000 |
| Interest-bearing deposits | 210,670,000 | 223,397,000 | 227,609,000 | 243,297,000 |
| Noninterest-bearing deposits | 26,272,000 | 22,869,000 | 26,550,000 | 38,664,000 |
| Equity capital | 28,020,000 | 29,680,000 | 28,585,000 | 29,534,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 4,219,000 | 8,933,000 | 13,842,000 | 19,113,000 |
| Interest expense | 1,319,000 | 2,909,000 | 4,757,000 | 6,875,000 |
| Net interest income | 2,900,000 | 6,024,000 | 9,085,000 | 12,238,000 |
| Noninterest income | 722,000 | 1,420,000 | 2,164,000 | 2,940,000 |
| Noninterest expense | 1,909,000 | 4,036,000 | 6,154,000 | 8,519,000 |
| Provision for loan losses | 75,000 | 225,000 | 300,000 | 375,000 |
| Pretax income | 1,632,000 | 3,177,000 | 4,789,000 | 6,271,000 |
| Income tax | 114,000 | 222,000 | 335,000 | 425,000 |
| Net income | 1,518,000 | 2,955,000 | 4,454,000 | 5,846,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,380,000 | 28,807,000 | 27,818,000 | 29,026,000 |
| Total capital | 30,274,000 | 31,932,000 | 31,039,000 | 32,304,000 |
| Risk-weighted assets | 260,671,000 | 262,461,000 | 273,190,000 | 283,682,000 |