Call reports 2004
CLARE BANK, NATIONAL ASSOCIATION — 2004
What CLARE BANK, NATIONAL ASSOCIATION 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 | 175,837,000 | 177,517,000 | 177,234,000 | 182,785,000 |
| Total loans | 98,430,000 | 101,730,000 | 101,808,000 | 103,546,000 |
| Allowance for loan losses | 795,000 | 806,000 | 790,000 | 776,000 |
| Securities available for sale | 63,015,000 | 63,868,000 | 62,762,000 | 61,326,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,230,000 | 158,558,000 | 158,540,000 | 163,992,000 |
| Interest-bearing deposits | 140,847,000 | 141,618,000 | 141,511,000 | 144,264,000 |
| Noninterest-bearing deposits | 15,383,000 | 16,940,000 | 17,029,000 | 19,728,000 |
| Equity capital | 13,911,000 | 13,306,000 | 14,017,000 | 14,155,000 |
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 | 1,974,000 | 3,869,000 | 5,832,000 | 7,815,000 |
| Interest expense | 759,000 | 1,493,000 | 2,209,000 | 2,932,000 |
| Net interest income | 1,215,000 | 2,376,000 | 3,623,000 | 4,883,000 |
| Noninterest income | 126,000 | 255,000 | 385,000 | 553,000 |
| Noninterest expense | 719,000 | 1,478,000 | 2,268,000 | 3,033,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 622,000 | 1,153,000 | 1,740,000 | 2,403,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 622,000 | 1,153,000 | 1,740,000 | 2,403,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,582,000 | 12,865,000 | 13,334,000 | 13,841,000 |
| Total capital | 13,377,000 | 13,671,000 | 14,124,000 | 14,617,000 |
| Risk-weighted assets | 80,437,000 | 81,990,000 | 82,529,000 | 84,537,000 |