Call reports 2004
BANK OF THE EASTERN SHORE — 2004
What BANK OF THE EASTERN SHORE 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 | 160,739,000 | 165,189,000 | 168,575,000 | 170,559,000 |
| Total loans | 108,816,000 | 114,572,000 | 121,061,000 | 126,192,000 |
| Allowance for loan losses | 1,045,000 | 1,086,000 | 1,057,000 | 1,210,000 |
| Securities available for sale | 34,815,000 | 32,182,000 | 30,274,000 | 28,188,000 |
| Securities held to maturity | 2,383,000 | 883,000 | 882,000 | 882,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,219,000 | 146,050,000 | 148,210,000 | 149,985,000 |
| Interest-bearing deposits | 129,733,000 | 132,833,000 | 134,634,000 | 136,988,000 |
| Noninterest-bearing deposits | 11,486,000 | 13,217,000 | 13,576,000 | 12,997,000 |
| Equity capital | 18,232,000 | 17,811,000 | 18,838,000 | 18,827,000 |
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 | 2,306,000 | 4,683,000 | 7,117,000 | 9,668,000 |
| Interest expense | 1,058,000 | 2,127,000 | 3,221,000 | 4,317,000 |
| Net interest income | 1,248,000 | 2,556,000 | 3,896,000 | 5,351,000 |
| Noninterest income | 155,000 | 302,000 | 459,000 | 601,000 |
| Noninterest expense | 823,000 | 1,610,000 | 2,406,000 | 3,401,000 |
| Provision for loan losses | 0 | 0 | 0 | 210,000 |
| Pretax income | 580,000 | 1,248,000 | 1,949,000 | 2,341,000 |
| Income tax | 180,000 | 354,000 | 532,000 | 729,000 |
| Net income | 400,000 | 894,000 | 1,417,000 | 1,612,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,820,000 | 18,314,000 | 18,628,000 | 18,774,000 |
| Total capital | 18,865,000 | 19,400,000 | 19,685,000 | 19,984,000 |
| Risk-weighted assets | 107,490,000 | 114,187,000 | 119,367,000 | 120,611,000 |