Call reports 2004
NATIONAL BANK OF VERNON, THE — 2004
What NATIONAL BANK OF VERNON, THE 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 | 67,827,000 | 66,650,000 | 69,629,000 | 59,762,000 |
| Total loans | 34,973,000 | 33,837,000 | 33,841,000 | 34,338,000 |
| Allowance for loan losses | 403,000 | 426,000 | 446,000 | 361,000 |
| Securities available for sale | 22,536,000 | 22,299,000 | 20,942,000 | 18,259,000 |
| Securities held to maturity | 3,164,000 | 2,369,000 | 2,249,000 | 2,223,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,657,000 | 58,940,000 | 61,644,000 | 50,283,000 |
| Interest-bearing deposits | 47,118,000 | 47,030,000 | 49,204,000 | 39,845,000 |
| Noninterest-bearing deposits | 12,539,000 | 11,910,000 | 12,440,000 | 10,438,000 |
| Equity capital | 7,390,000 | 7,077,000 | 7,223,000 | 7,565,000 |
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 | 828,000 | 1,640,000 | 2,446,000 | 3,245,000 |
| Interest expense | 180,000 | 356,000 | 533,000 | 698,000 |
| Net interest income | 648,000 | 1,284,000 | 1,913,000 | 2,547,000 |
| Noninterest income | 108,000 | 212,000 | 326,000 | 1,248,000 |
| Noninterest expense | 623,000 | 1,231,000 | 1,881,000 | 2,671,000 |
| Provision for loan losses | 21,000 | 42,000 | 63,000 | 100,000 |
| Pretax income | 112,000 | 231,000 | 304,000 | 1,021,000 |
| Income tax | 25,000 | 53,000 | 75,000 | 317,000 |
| Net income | 87,000 | 178,000 | 229,000 | 704,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,059,000 | 7,083,000 | 7,067,000 | 7,475,000 |
| Total capital | 7,462,000 | 7,501,000 | 7,493,000 | 7,836,000 |
| Risk-weighted assets | 33,985,000 | 33,471,000 | 33,994,000 | 33,227,000 |