Call reports 2005
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2005
What REPUBLIC FIRST BANK DBA REPUBLIC BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 725,349,000 | 780,403,000 | 818,377,000 | 850,042,000 |
| Total loans | 563,563,000 | 600,813,000 | 645,613,000 | 678,086,000 |
| Allowance for loan losses | 6,713,000 | 6,996,000 | 7,401,000 | 7,617,000 |
| Securities available for sale | 42,405,000 | 40,339,000 | 57,783,000 | 37,096,000 |
| Securities held to maturity | 500,000 | 401,000 | 397,000 | 377,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 623,850,000 | 577,255,000 | 587,065,000 | 648,344,000 |
| Interest-bearing deposits | 563,666,000 | 524,644,000 | 542,902,000 | 600,775,000 |
| Noninterest-bearing deposits | 60,184,000 | 52,611,000 | 44,163,000 | 47,569,000 |
| Equity capital | 59,925,000 | 61,888,000 | 63,969,000 | 69,001,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 11,014,000 | 21,611,000 | 33,028,000 | 45,941,000 |
| Interest expense | 3,553,000 | 7,000,000 | 10,861,000 | 15,779,000 |
| Net interest income | 7,461,000 | 14,611,000 | 22,167,000 | 30,162,000 |
| Noninterest income | 959,000 | 1,515,000 | 2,232,000 | 2,944,000 |
| Noninterest expense | 4,470,000 | 9,043,000 | 13,609,000 | 18,199,000 |
| Provision for loan losses | 703,000 | 822,000 | 1,137,000 | 1,186,000 |
| Pretax income | 3,247,000 | 6,358,000 | 9,750,000 | 13,818,000 |
| Income tax | 1,045,000 | 2,041,000 | 3,141,000 | 4,484,000 |
| Net income | 2,202,000 | 4,317,000 | 6,609,000 | 9,334,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,727,000 | 61,761,000 | 63,902,000 | 68,920,000 |
| Total capital | 66,440,000 | 68,757,000 | 71,303,000 | 76,537,000 |
| Risk-weighted assets | 554,273,000 | 584,099,000 | 636,165,000 | 652,799,000 |