Call reports 2004
NEW FRONTIER BANK — 2004
What NEW FRONTIER 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 | 89,218,000 | 92,153,000 | 94,257,000 | 101,878,000 |
| Total loans | 74,373,000 | 75,499,000 | 78,466,000 | 82,389,000 |
| Allowance for loan losses | 657,000 | 672,000 | 749,000 | 797,000 |
| Securities available for sale | 7,779,000 | 8,116,000 | 8,191,000 | 8,332,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,661,000 | 74,022,000 | 75,336,000 | 78,216,000 |
| Interest-bearing deposits | 63,359,000 | 65,179,000 | 66,032,000 | 68,381,000 |
| Noninterest-bearing deposits | 8,302,000 | 8,843,000 | 9,304,000 | 9,835,000 |
| Equity capital | 8,261,000 | 8,813,000 | 9,425,000 | 13,328,000 |
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 | 1,135,000 | 2,325,000 | 3,552,000 | 4,882,000 |
| Interest expense | 419,000 | 847,000 | 1,272,000 | 1,732,000 |
| Net interest income | 716,000 | 1,478,000 | 2,280,000 | 3,150,000 |
| Noninterest income | 111,000 | 253,000 | 369,000 | 530,000 |
| Noninterest expense | 637,000 | 1,317,000 | 2,024,000 | 2,844,000 |
| Provision for loan losses | 65,000 | 130,000 | 222,000 | 270,000 |
| Pretax income | 124,000 | 283,000 | 401,000 | 564,000 |
| Income tax | 31,000 | 71,000 | 100,000 | 141,000 |
| Net income | 93,000 | 212,000 | 301,000 | 423,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,850,000 | 8,474,000 | 9,104,000 | 13,057,000 |
| Total capital | 8,593,000 | 9,226,000 | 9,945,000 | 13,944,000 |
| Risk-weighted assets | 73,270,000 | 77,140,000 | 78,552,000 | 85,888,000 |