Call reports 2004
1ST CENTURY BANK, NATIONAL ASSOCIATION — 2004
What 1ST 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 | 29,463,000 | 52,761,000 | 92,918,000 | 86,147,000 |
| Total loans | 0 | 4,017,000 | 25,477,000 | 33,532,000 |
| Allowance for loan losses | 0 | 45,000 | 252,000 | 335,000 |
| Securities available for sale | 9,732,000 | 24,178,000 | 24,399,000 | 26,970,000 |
| Securities held to maturity | 0 | 0 | 0 | 2,937,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,763,000 | 26,331,000 | 70,054,000 | 64,016,000 |
| Interest-bearing deposits | 4,122,000 | 20,952,000 | 61,523,000 | 52,000,000 |
| Noninterest-bearing deposits | 641,000 | 5,379,000 | 8,531,000 | 12,016,000 |
| Equity capital | 24,286,000 | 22,982,000 | 22,405,000 | 21,563,000 |
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 | 31,000 | 218,000 | 665,000 | 1,372,000 |
| Interest expense | 1,000 | 31,000 | 116,000 | 249,000 |
| Net interest income | 30,000 | 187,000 | 549,000 | 1,123,000 |
| Noninterest income | 0 | 1,000 | 6,000 | 16,000 |
| Noninterest expense | 1,137,000 | 2,150,000 | 3,152,000 | 4,440,000 |
| Provision for loan losses | 0 | 45,000 | 252,000 | 335,000 |
| Pretax income | -1,107,000 | -2,007,000 | -2,847,000 | -3,634,000 |
| Income tax | 0 | 0 | 0 | 2,000 |
| Net income | -1,107,000 | -2,007,000 | -2,847,000 | -3,636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,305,000 | 23,404,000 | 22,565,000 | 21,776,000 |
| Total capital | 24,305,000 | 23,461,000 | 22,841,000 | 22,159,000 |
| Risk-weighted assets | 6,675,000 | 18,764,000 | 42,617,000 | 48,153,000 |