Call reports 2004
FIRST CENTURY BANK, NATIONAL ASSOCIATION — 2004
What FIRST CENTURY 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 | 59,961,000 | 57,032,000 | 52,863,000 | 48,003,000 |
| Total loans | 49,274,000 | 45,413,000 | 39,304,000 | 32,292,000 |
| Allowance for loan losses | 841,000 | 1,583,000 | 1,547,000 | 990,000 |
| Securities available for sale | 2,694,000 | 2,545,000 | 2,481,000 | 5,349,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,399,000 | 52,465,000 | 48,260,000 | 43,763,000 |
| Interest-bearing deposits | 50,507,000 | 49,396,000 | 45,811,000 | 40,508,000 |
| Noninterest-bearing deposits | 2,892,000 | 3,069,000 | 2,449,000 | 3,255,000 |
| Equity capital | 6,364,000 | 4,381,000 | 4,305,000 | 3,898,000 |
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 | 1,023,000 | 1,973,000 | 2,804,000 | 3,540,000 |
| Interest expense | 321,000 | 646,000 | 931,000 | 1,196,000 |
| Net interest income | 702,000 | 1,327,000 | 1,873,000 | 2,344,000 |
| Noninterest income | 35,000 | 94,000 | 71,000 | 51,000 |
| Noninterest expense | 479,000 | 1,031,000 | 1,651,000 | 2,263,000 |
| Provision for loan losses | 283,000 | 1,705,000 | 1,704,000 | 2,275,000 |
| Pretax income | -25,000 | -1,315,000 | -1,411,000 | -2,143,000 |
| Income tax | 0 | 665,000 | 665,000 | 665,000 |
| Net income | -25,000 | -1,980,000 | -2,076,000 | -2,808,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,704,000 | 4,400,000 | 4,304,000 | 3,923,000 |
| Total capital | 6,282,000 | 4,948,000 | 4,804,000 | 4,362,000 |
| Risk-weighted assets | 45,966,000 | 42,774,000 | 38,907,000 | 34,595,000 |