Call reports 2005
PACESETTER BANK — 2005
What PACESETTER BANK 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 | 98,624,000 | 96,278,000 | 98,134,000 | 98,982,000 |
| Total loans | 66,913,000 | 68,940,000 | 68,643,000 | 69,052,000 |
| Allowance for loan losses | 752,000 | 772,000 | 787,000 | 721,000 |
| Securities available for sale | 8,511,000 | 8,669,000 | 8,515,000 | 8,207,000 |
| Securities held to maturity | 4,100,000 | 4,316,000 | 4,311,000 | 3,807,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,254,000 | 81,988,000 | 83,650,000 | 84,463,000 |
| Interest-bearing deposits | 75,407,000 | 73,293,000 | 73,758,000 | 73,397,000 |
| Noninterest-bearing deposits | 8,847,000 | 8,695,000 | 9,892,000 | 11,066,000 |
| Equity capital | 11,194,000 | 11,373,000 | 11,517,000 | 11,669,000 |
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 | 1,278,000 | 2,630,000 | 3,990,000 | 5,413,000 |
| Interest expense | 287,000 | 608,000 | 935,000 | 1,320,000 |
| Net interest income | 991,000 | 2,022,000 | 3,055,000 | 4,093,000 |
| Noninterest income | 240,000 | 502,000 | 772,000 | 1,046,000 |
| Noninterest expense | 895,000 | 1,818,000 | 2,751,000 | 3,704,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 296,000 | 621,000 | 946,000 | 1,260,000 |
| Income tax | 108,000 | 212,000 | 322,000 | 402,000 |
| Net income | 188,000 | 409,000 | 624,000 | 858,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,145,000 | 11,299,000 | 11,448,000 | 11,616,000 |
| Total capital | 11,995,000 | 12,170,000 | 12,340,000 | 12,447,000 |
| Risk-weighted assets | 60,859,000 | 63,080,000 | 63,622,000 | 64,270,000 |