Call reports 2004
STATE BANK OF FAIRMONT — 2004
What STATE BANK OF FAIRMONT 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 | 67,231,000 | 67,339,000 | 69,001,000 | 70,328,000 |
| Total loans | 42,952,000 | 45,573,000 | 48,392,000 | 46,854,000 |
| Allowance for loan losses | 931,000 | 959,000 | 985,000 | 921,000 |
| Securities available for sale | 20,637,000 | 17,940,000 | 17,730,000 | 17,246,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,339,000 | 57,643,000 | 57,754,000 | 59,919,000 |
| Interest-bearing deposits | 52,936,000 | 53,514,000 | 53,433,000 | 55,069,000 |
| Noninterest-bearing deposits | 4,403,000 | 4,129,000 | 4,321,000 | 4,850,000 |
| Equity capital | 7,640,000 | 7,259,000 | 7,942,000 | 6,925,000 |
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 | 897,000 | 1,823,000 | 2,810,000 | 3,812,000 |
| Interest expense | 323,000 | 646,000 | 978,000 | 1,318,000 |
| Net interest income | 574,000 | 1,177,000 | 1,832,000 | 2,494,000 |
| Noninterest income | 68,000 | 98,000 | 141,000 | 186,000 |
| Noninterest expense | 340,000 | 680,000 | 1,032,000 | 1,708,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 312,000 | 663,000 | 979,000 | 989,000 |
| Income tax | 107,000 | 240,000 | 353,000 | 339,000 |
| Net income | 205,000 | 423,000 | 626,000 | 650,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,597,000 | 7,789,000 | 8,012,000 | 6,999,000 |
| Total capital | 8,207,000 | 8,438,000 | 8,688,000 | 7,666,000 |
| Risk-weighted assets | 48,501,000 | 51,577,000 | 53,826,000 | 53,075,000 |