Call reports 2004
KENT COMMERCE BANK — 2004
What KENT COMMERCE 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 | 82,103,000 | 81,466,000 | 87,136,000 | 89,393,000 |
| Total loans | 77,902,000 | 77,110,000 | 82,182,000 | 86,090,000 |
| Allowance for loan losses | 898,000 | 900,000 | 1,092,000 | 1,269,000 |
| Securities available for sale | 1,002,000 | 983,000 | 992,000 | 987,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,079,000 | 65,610,000 | 72,840,000 | 71,400,000 |
| Interest-bearing deposits | 64,574,000 | 55,749,000 | 63,414,000 | 61,694,000 |
| Noninterest-bearing deposits | 8,505,000 | 9,861,000 | 9,426,000 | 9,706,000 |
| Equity capital | 8,110,000 | 8,214,000 | 8,154,000 | 8,269,000 |
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 | 1,185,000 | 2,465,000 | 3,733,000 | 5,150,000 |
| Interest expense | 285,000 | 576,000 | 891,000 | 1,261,000 |
| Net interest income | 900,000 | 1,889,000 | 2,842,000 | 3,889,000 |
| Noninterest income | 90,000 | 157,000 | 224,000 | 289,000 |
| Noninterest expense | 637,000 | 1,287,000 | 1,920,000 | 2,523,000 |
| Provision for loan losses | 266,000 | 266,000 | 524,000 | 775,000 |
| Pretax income | 87,000 | 493,000 | 622,000 | 880,000 |
| Income tax | 30,000 | 169,000 | 214,000 | 302,000 |
| Net income | 57,000 | 324,000 | 408,000 | 578,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,310,000 | 7,427,000 | 7,362,000 | 7,481,000 |
| Total capital | 8,208,000 | 8,327,000 | 8,380,000 | 8,533,000 |
| Risk-weighted assets | 77,193,000 | 75,671,000 | 81,375,000 | 83,906,000 |