Call reports 2004
FLAG BANK — 2004
What FLAG 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 | 678,702,000 | 741,938,000 | 783,500,000 | 819,300,000 |
| Total loans | 488,608,000 | 541,517,000 | 599,755,000 | 618,105,000 |
| Allowance for loan losses | 7,052,000 | 7,489,000 | 8,328,000 | 8,602,000 |
| Securities available for sale | 120,743,000 | 97,232,000 | 94,523,000 | 111,284,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 548,771,000 | 613,842,000 | 666,659,000 | 709,792,000 |
| Interest-bearing deposits | 505,969,000 | 568,870,000 | 620,638,000 | 658,099,000 |
| Noninterest-bearing deposits | 42,802,000 | 44,972,000 | 46,021,000 | 51,693,000 |
| Equity capital | 62,871,000 | 68,889,000 | 71,047,000 | 77,063,000 |
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 | 9,508,000 | 19,483,000 | 30,160,000 | 42,091,000 |
| Interest expense | 2,525,000 | 5,125,000 | 8,126,000 | 11,574,000 |
| Net interest income | 6,983,000 | 14,358,000 | 22,034,000 | 30,517,000 |
| Noninterest income | 4,423,000 | 6,326,000 | 8,574,000 | 10,506,000 |
| Noninterest expense | 7,634,000 | 14,263,000 | 21,513,000 | 28,952,000 |
| Provision for loan losses | 720,000 | 1,095,000 | 1,470,000 | 1,845,000 |
| Pretax income | 3,059,000 | 6,019,000 | 8,325,000 | 10,926,000 |
| Income tax | 1,000,000 | 1,965,000 | 2,564,000 | 3,405,000 |
| Net income | 2,059,000 | 4,054,000 | 5,761,000 | 7,521,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,105,000 | 56,117,000 | 57,451,000 | 59,225,000 |
| Total capital | 55,792,000 | 63,225,000 | 65,182,000 | 67,035,000 |
| Risk-weighted assets | 534,590,000 | 568,225,000 | 617,867,000 | 623,968,000 |