Call reports 2004
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2004
What REPUBLIC FIRST BANK DBA REPUBLIC 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 | 658,558,000 | 636,001,000 | 661,186,000 | 662,899,000 |
| Total loans | 476,307,000 | 494,033,000 | 517,532,000 | 549,689,000 |
| Allowance for loan losses | 7,336,000 | 7,047,000 | 7,048,000 | 6,684,000 |
| Securities available for sale | 59,308,000 | 55,274,000 | 45,480,000 | 43,547,000 |
| Securities held to maturity | 782,000 | 717,000 | 644,000 | 609,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 455,398,000 | 450,401,000 | 496,437,000 | 511,704,000 |
| Interest-bearing deposits | 370,636,000 | 367,294,000 | 396,533,000 | 412,900,000 |
| Noninterest-bearing deposits | 84,762,000 | 83,107,000 | 99,904,000 | 98,804,000 |
| Equity capital | 53,239,000 | 53,763,000 | 56,411,000 | 57,914,000 |
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 | 8,550,000 | 16,351,000 | 24,687,000 | 33,890,000 |
| Interest expense | 3,860,000 | 7,642,000 | 11,286,000 | 14,424,000 |
| Net interest income | 4,690,000 | 8,709,000 | 13,401,000 | 19,466,000 |
| Noninterest income | 651,000 | 1,482,000 | 3,374,000 | 4,159,000 |
| Noninterest expense | 3,723,000 | 7,312,000 | 11,374,000 | 15,218,000 |
| Provision for loan losses | 700,000 | 500,000 | -863,000 | -314,000 |
| Pretax income | 918,000 | 2,379,000 | 6,269,000 | 8,726,000 |
| Income tax | 254,000 | 701,000 | 1,963,000 | 2,735,000 |
| Net income | 664,000 | 1,678,000 | 4,306,000 | 5,991,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,272,000 | 53,455,000 | 56,002,000 | 57,356,000 |
| Total capital | 58,187,000 | 59,778,000 | 62,350,000 | 63,988,000 |
| Risk-weighted assets | 472,050,000 | 501,506,000 | 503,558,000 | 530,526,000 |