Call reports 2004
INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. — 2004
What INDEPENDENT CORRESPONDENT BANKERS' BANK, INC. 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 | 54,598,000 | 48,594,000 | 50,591,000 | 38,550,000 |
| Total loans | 30,292,000 | 32,920,000 | 34,631,000 | 23,543,000 |
| Allowance for loan losses | 397,000 | 406,000 | 414,000 | 423,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,649,000 | 28,699,000 | 21,932,000 | 18,966,000 |
| Interest-bearing deposits | 199,000 | 199,000 | 199,000 | 100,000 |
| Noninterest-bearing deposits | 28,450,000 | 28,500,000 | 21,732,000 | 18,866,000 |
| Equity capital | 5,928,000 | 6,053,000 | 6,174,000 | 6,370,000 |
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 | 404,000 | 804,000 | 1,265,000 | 1,802,000 |
| Interest expense | 54,000 | 129,000 | 209,000 | 301,000 |
| Net interest income | 350,000 | 675,000 | 1,056,000 | 1,501,000 |
| Noninterest income | 1,031,000 | 2,125,000 | 3,202,000 | 4,290,000 |
| Noninterest expense | 1,169,000 | 2,374,000 | 3,616,000 | 4,805,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 203,000 | 408,000 | 615,000 | 950,000 |
| Income tax | 84,000 | 163,000 | 250,000 | 389,000 |
| Net income | 119,000 | 245,000 | 365,000 | 561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,928,000 | 6,053,000 | 6,174,000 | 6,370,000 |
| Total capital | 6,325,000 | 6,459,000 | 6,588,000 | 6,738,000 |
| Risk-weighted assets | 32,472,000 | 35,000,000 | 42,922,000 | 29,357,000 |