Call reports 2004
SHORE BANK — 2004
What SHORE 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 | 202,189,000 | 218,059,000 | 225,491,000 | 235,681,000 |
| Total loans | 149,672,000 | 160,836,000 | 170,790,000 | 178,399,000 |
| Allowance for loan losses | 2,108,000 | 2,217,000 | 2,311,000 | 2,404,000 |
| Securities available for sale | 34,592,000 | 35,450,000 | 34,512,000 | 33,279,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,926,000 | 189,472,000 | 194,056,000 | 194,893,000 |
| Interest-bearing deposits | 154,887,000 | 161,778,000 | 165,425,000 | 168,242,000 |
| Noninterest-bearing deposits | 23,039,000 | 27,694,000 | 28,631,000 | 26,651,000 |
| Equity capital | 16,679,000 | 16,692,000 | 17,499,000 | 17,991,000 |
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 | 2,478,000 | 5,003,000 | 7,743,000 | 10,628,000 |
| Interest expense | 750,000 | 1,546,000 | 2,389,000 | 3,275,000 |
| Net interest income | 1,728,000 | 3,457,000 | 5,354,000 | 7,353,000 |
| Noninterest income | 394,000 | 833,000 | 1,256,000 | 1,682,000 |
| Noninterest expense | 1,217,000 | 2,450,000 | 3,789,000 | 5,331,000 |
| Provision for loan losses | 105,000 | 209,000 | 314,000 | 419,000 |
| Pretax income | 800,000 | 1,631,000 | 2,507,000 | 3,285,000 |
| Income tax | 273,000 | 526,000 | 795,000 | 1,011,000 |
| Net income | 527,000 | 1,105,000 | 1,712,000 | 2,274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,427,000 | 16,020,000 | 16,643,000 | 17,220,000 |
| Total capital | 17,108,000 | 17,848,000 | 18,564,000 | 19,257,000 |
| Risk-weighted assets | 133,424,000 | 145,034,000 | 152,496,000 | 160,184,000 |