Call reports 2004
FIRST NATIONAL BANK OF STERLING CITY, THE — 2004
What FIRST NATIONAL BANK OF STERLING CITY, 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 | 42,753,000 | 39,106,000 | 36,618,000 | 39,017,000 |
| Total loans | 12,711,000 | 15,072,000 | 15,944,000 | 13,758,000 |
| Allowance for loan losses | 118,000 | 117,000 | 111,000 | 101,000 |
| Securities available for sale | 14,981,000 | 15,977,000 | 12,855,000 | 12,707,000 |
| Securities held to maturity | 5,735,000 | 5,801,000 | 5,663,000 | 5,660,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,631,000 | 32,337,000 | 28,743,000 | 32,347,000 |
| Interest-bearing deposits | 28,145,000 | 24,822,000 | 20,683,000 | 21,889,000 |
| Noninterest-bearing deposits | 7,486,000 | 7,515,000 | 8,060,000 | 10,458,000 |
| Equity capital | 6,799,000 | 6,586,000 | 6,834,000 | 6,469,000 |
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 | 414,000 | 848,000 | 1,300,000 | 1,746,000 |
| Interest expense | 33,000 | 65,000 | 101,000 | 131,000 |
| Net interest income | 381,000 | 783,000 | 1,199,000 | 1,615,000 |
| Noninterest income | 71,000 | 140,000 | 216,000 | 289,000 |
| Noninterest expense | 363,000 | 728,000 | 1,091,000 | 1,487,000 |
| Provision for loan losses | 0 | 0 | 0 | 7,000 |
| Pretax income | 89,000 | 195,000 | 324,000 | 410,000 |
| Income tax | 15,000 | 30,000 | 45,000 | 8,000 |
| Net income | 74,000 | 165,000 | 279,000 | 402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,546,000 | 6,637,000 | 6,751,000 | 6,473,000 |
| Total capital | 6,664,000 | 6,754,000 | 6,862,000 | 6,574,000 |
| Risk-weighted assets | 20,270,000 | 21,558,000 | 22,053,000 | 20,816,000 |