Call reports 2005
FLORENCE NATIONAL BANK — 2005
What FLORENCE NATIONAL BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 77,779,000 | 79,315,000 | 82,001,000 | 79,103,000 |
| Total loans | 71,828,000 | 72,399,000 | 70,961,000 | 74,006,000 |
| Allowance for loan losses | 639,000 | 743,000 | 820,000 | 951,000 |
| Securities available for sale | 1,222,000 | 1,229,000 | 1,228,000 | 1,218,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,744,000 | 69,557,000 | 72,081,000 | 69,971,000 |
| Interest-bearing deposits | 58,873,000 | 60,756,000 | 62,666,000 | 61,609,000 |
| Noninterest-bearing deposits | 7,871,000 | 8,801,000 | 9,415,000 | 8,362,000 |
| Equity capital | 6,268,000 | 6,903,000 | 7,071,000 | 7,135,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,095,000 | 2,346,000 | 3,650,000 | 4,977,000 |
| Interest expense | 418,000 | 895,000 | 1,415,000 | 1,950,000 |
| Net interest income | 677,000 | 1,451,000 | 2,235,000 | 3,027,000 |
| Noninterest income | 119,000 | 288,000 | 475,000 | 612,000 |
| Noninterest expense | 608,000 | 1,243,000 | 1,864,000 | 2,504,000 |
| Provision for loan losses | 60,000 | 165,000 | 245,000 | 415,000 |
| Pretax income | 128,000 | 331,000 | 601,000 | 720,000 |
| Income tax | 46,000 | 118,000 | 219,000 | 267,000 |
| Net income | 82,000 | 213,000 | 382,000 | 453,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,284,000 | 6,915,000 | 7,084,000 | 7,155,000 |
| Total capital | 6,923,000 | 7,658,000 | 7,904,000 | 8,040,000 |
| Risk-weighted assets | 68,504,000 | 69,554,000 | 69,438,000 | 70,715,000 |