Call reports 2004
NEW CENTURY BANK — 2004
What NEW CENTURY BANK 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 | 17,708,000 | 16,889,000 | 16,417,000 | 15,464,000 |
| Total loans | 6,455,000 | 6,127,000 | 5,917,000 | 5,504,000 |
| Allowance for loan losses | 326,000 | 330,000 | 329,000 | 287,000 |
| Securities available for sale | 266,000 | 266,000 | 266,000 | 258,000 |
| Securities held to maturity | 7,376,000 | 9,116,000 | 7,607,000 | 7,097,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,691,000 | 14,790,000 | 14,367,000 | 13,435,000 |
| Interest-bearing deposits | 13,294,000 | 12,322,000 | 12,452,000 | 11,639,000 |
| Noninterest-bearing deposits | 2,397,000 | 2,468,000 | 1,915,000 | 1,796,000 |
| Equity capital | 1,819,000 | 1,794,000 | 1,826,000 | 1,832,000 |
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 | 205,000 | 391,000 | 585,000 | 761,000 |
| Interest expense | 56,000 | 105,000 | 153,000 | 198,000 |
| Net interest income | 149,000 | 286,000 | 432,000 | 563,000 |
| Noninterest income | 17,000 | 36,000 | 58,000 | 75,000 |
| Noninterest expense | 159,000 | 323,000 | 456,000 | 605,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 7,000 | -1,000 | 34,000 | 33,000 |
| Income tax | 0 | 0 | 3,000 | 8,000 |
| Net income | 7,000 | -1,000 | 31,000 | 25,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,808,000 | 1,783,000 | 1,815,000 | 1,827,000 |
| Total capital | 1,911,000 | 1,881,000 | 1,910,000 | 1,918,000 |
| Risk-weighted assets | 7,984,000 | 7,611,000 | 7,390,000 | 7,064,000 |