Call reports 2005
1ST CENTURY BANK, NATIONAL ASSOCIATION — 2005
What 1ST CENTURY BANK, NATIONAL ASSOCIATION 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 | 105,181,000 | 118,148,000 | 136,640,000 | 161,635,000 |
| Total loans | 37,020,000 | 45,476,000 | 71,254,000 | 86,152,000 |
| Allowance for loan losses | 424,000 | 478,000 | 794,000 | 1,164,000 |
| Securities available for sale | 27,660,000 | 30,671,000 | 40,923,000 | 45,572,000 |
| Securities held to maturity | 2,926,000 | 2,796,000 | 2,648,000 | 7,232,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,390,000 | 82,936,000 | 81,741,000 | 107,090,000 |
| Interest-bearing deposits | 71,273,000 | 65,944,000 | 60,865,000 | 81,042,000 |
| Noninterest-bearing deposits | 12,117,000 | 16,993,000 | 20,876,000 | 26,048,000 |
| Equity capital | 20,716,000 | 20,366,000 | 53,668,000 | 53,115,000 |
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 | 943,000 | 2,103,000 | 3,737,000 | 5,933,000 |
| Interest expense | 147,000 | 402,000 | 650,000 | 1,039,000 |
| Net interest income | 796,000 | 1,701,000 | 3,087,000 | 4,894,000 |
| Noninterest income | 12,000 | 31,000 | 67,000 | 99,000 |
| Noninterest expense | 1,299,000 | 2,744,000 | 4,448,000 | 6,383,000 |
| Provision for loan losses | 89,000 | 143,000 | 459,000 | 829,000 |
| Pretax income | -580,000 | -1,155,000 | -1,753,000 | -2,219,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -580,000 | -1,155,000 | -1,753,000 | -2,219,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,196,000 | 20,674,000 | 54,212,000 | 53,950,000 |
| Total capital | 21,725,000 | 21,298,000 | 55,165,000 | 55,297,000 |
| Risk-weighted assets | 56,044,000 | 67,414,000 | 90,610,000 | 107,787,000 |