Call reports 2004
FOUNDATION BANK — 2004
What FOUNDATION 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 | 160,623,000 | 167,016,000 | 186,963,000 | 185,991,000 |
| Total loans | 88,648,000 | 106,574,000 | 117,863,000 | 127,996,000 |
| Allowance for loan losses | 1,382,000 | 1,497,000 | 1,772,000 | 2,010,000 |
| Securities available for sale | 54,264,000 | 53,328,000 | 48,369,000 | 48,429,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,140,000 | 111,687,000 | 132,997,000 | 135,912,000 |
| Interest-bearing deposits | 87,226,000 | 77,557,000 | 95,346,000 | 97,653,000 |
| Noninterest-bearing deposits | 33,914,000 | 34,130,000 | 37,651,000 | 38,259,000 |
| Equity capital | 13,424,000 | 15,043,000 | 15,782,000 | 16,090,000 |
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 | 1,490,000 | 3,177,000 | 5,239,000 | 7,637,000 |
| Interest expense | 279,000 | 570,000 | 983,000 | 1,565,000 |
| Net interest income | 1,211,000 | 2,607,000 | 4,256,000 | 6,072,000 |
| Noninterest income | 41,000 | 85,000 | 128,000 | 197,000 |
| Noninterest expense | 923,000 | 1,863,000 | 2,914,000 | 4,165,000 |
| Provision for loan losses | 95,000 | 210,000 | 485,000 | 840,000 |
| Pretax income | 234,000 | 535,000 | 896,000 | 1,176,000 |
| Income tax | 0 | 0 | 0 | -178,000 |
| Net income | 234,000 | 535,000 | 896,000 | 1,354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,317,000 | 15,587,000 | 15,948,000 | 16,406,000 |
| Total capital | 14,636,000 | 17,084,000 | 17,607,000 | 18,135,000 |
| Risk-weighted assets | 105,481,000 | 119,056,000 | 131,771,000 | 138,235,000 |