Call reports 2004
STATE EXCHANGE BANK, THE — 2004
What STATE EXCHANGE BANK, THE 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 | 26,974,000 | 26,718,000 | 27,062,000 | 27,257,000 |
| Total loans | 19,928,000 | 20,516,000 | 20,603,000 | 20,215,000 |
| Allowance for loan losses | 357,000 | 459,000 | 493,000 | 424,000 |
| Securities available for sale | 4,587,000 | 4,642,000 | 5,003,000 | 4,711,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,302,000 | 24,134,000 | 24,322,000 | 24,540,000 |
| Interest-bearing deposits | 22,282,000 | 21,728,000 | 21,855,000 | 21,699,000 |
| Noninterest-bearing deposits | 2,020,000 | 2,406,000 | 2,467,000 | 2,841,000 |
| Equity capital | 1,891,000 | 1,858,000 | 1,963,000 | 1,929,000 |
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 | 383,000 | 800,000 | 1,211,000 | 1,642,000 |
| Interest expense | 86,000 | 176,000 | 265,000 | 360,000 |
| Net interest income | 297,000 | 624,000 | 946,000 | 1,282,000 |
| Noninterest income | 39,000 | 74,000 | 84,000 | 111,000 |
| Noninterest expense | 178,000 | 362,000 | 534,000 | 763,000 |
| Provision for loan losses | 80,000 | 230,000 | 270,000 | 270,000 |
| Pretax income | 78,000 | 106,000 | 226,000 | 360,000 |
| Income tax | 55,000 | 62,000 | 112,000 | 153,000 |
| Net income | 23,000 | 44,000 | 114,000 | 207,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,856,000 | 1,877,000 | 1,947,000 | 1,930,000 |
| Total capital | 2,109,000 | 2,136,000 | 2,197,000 | 2,179,000 |
| Risk-weighted assets | 20,113,000 | 20,553,000 | 19,757,000 | 19,706,000 |