Call reports 2004
GREERS FERRY LAKE STATE BANK — 2004
What GREERS FERRY LAKE STATE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 51,526,000 | 49,208,000 | 51,244,000 | 51,990,000 |
| Total loans | 30,744,000 | 31,069,000 | 30,633,000 | 30,865,000 |
| Allowance for loan losses | 285,000 | 284,000 | 304,000 | 314,000 |
| Securities available for sale | 15,017,000 | 12,612,000 | 13,285,000 | 14,218,000 |
| Securities held to maturity | 828,000 | 813,000 | 794,000 | 780,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,923,000 | 38,866,000 | 41,607,000 | 41,680,000 |
| Interest-bearing deposits | 37,203,000 | 34,452,000 | 36,242,000 | 36,679,000 |
| Noninterest-bearing deposits | 4,720,000 | 4,414,000 | 5,365,000 | 5,001,000 |
| Equity capital | 4,681,000 | 4,429,000 | 4,700,000 | 4,557,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 722,000 | 1,417,000 | 2,100,000 | 2,790,000 |
| Interest expense | 198,000 | 386,000 | 581,000 | 793,000 |
| Net interest income | 524,000 | 1,031,000 | 1,519,000 | 1,997,000 |
| Noninterest income | 84,000 | 185,000 | 275,000 | 376,000 |
| Noninterest expense | 301,000 | 601,000 | 929,000 | 1,256,000 |
| Provision for loan losses | 30,000 | 90,000 | 155,000 | 195,000 |
| Pretax income | 277,000 | 525,000 | 710,000 | 922,000 |
| Income tax | 61,000 | 200,000 | 285,000 | 317,000 |
| Net income | 216,000 | 325,000 | 425,000 | 605,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,703,000 | 4,617,000 | 4,722,000 | 4,606,000 |
| Total capital | 4,988,000 | 4,901,000 | 5,026,000 | 4,920,000 |
| Risk-weighted assets | 30,964,000 | 31,098,000 | 31,371,000 | 32,199,000 |