Call reports 2004
AMERICAN SECURITY BANK & TRUST COMPANY — 2004
What AMERICAN SECURITY BANK & TRUST COMPANY reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Total assets | 19,307,000 | 27,748,000 | 37,088,000 |
| Total loans | 1,424,000 | 11,417,000 | 19,574,000 |
| Allowance for loan losses | 21,000 | 143,000 | 245,000 |
| Securities available for sale | 2,961,000 | 4,162,000 | 7,051,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 7,708,000 | 16,423,000 | 26,115,000 |
| Interest-bearing deposits | 7,596,000 | 12,248,000 | 22,279,000 |
| Noninterest-bearing deposits | 112,000 | 4,175,000 | 3,836,000 |
| Equity capital | 11,571,000 | 11,251,000 | 10,865,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Interest income | 51,000 | 219,000 | 534,000 |
| Interest expense | 13,000 | 80,000 | 187,000 |
| Net interest income | 38,000 | 139,000 | 347,000 |
| Noninterest income | 4,000 | 26,000 | 46,000 |
| Noninterest expense | 738,000 | 1,200,000 | 1,711,000 |
| Provision for loan losses | 21,000 | 143,000 | 245,000 |
| Pretax income | -717,000 | -1,175,000 | -1,560,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -717,000 | -1,175,000 | -1,560,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Tier 1 capital | 11,579,000 | 11,245,000 | 10,867,000 |
| Total capital | 11,600,000 | 11,388,000 | 11,112,000 |
| Risk-weighted assets | 5,762,000 | 15,552,000 | 24,872,000 |