Call reports 2005
CHOICE BANK — 2005
What CHOICE 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 | 58,565,000 | 69,572,000 | 79,337,000 | 91,071,000 |
| Total loans | 39,469,000 | 53,707,000 | 68,881,000 | 71,204,000 |
| Allowance for loan losses | 276,000 | 348,000 | 459,000 | 475,000 |
| Securities available for sale | 2,408,000 | 2,271,000 | 2,061,000 | 1,907,000 |
| Securities held to maturity | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,194,000 | 58,050,000 | 64,900,000 | 78,145,000 |
| Interest-bearing deposits | 39,114,000 | 48,678,000 | 56,062,000 | 68,654,000 |
| Noninterest-bearing deposits | 8,080,000 | 9,372,000 | 8,838,000 | 9,491,000 |
| Equity capital | 10,548,000 | 10,702,000 | 10,902,000 | 11,327,000 |
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 | 832,000 | 1,908,000 | 3,288,000 | 4,946,000 |
| Interest expense | 211,000 | 490,000 | 835,000 | 1,358,000 |
| Net interest income | 621,000 | 1,418,000 | 2,453,000 | 3,588,000 |
| Noninterest income | 544,000 | 1,100,000 | 1,675,000 | 2,172,000 |
| Noninterest expense | 942,000 | 1,988,000 | 3,114,000 | 4,190,000 |
| Provision for loan losses | 71,000 | 143,000 | 254,000 | 270,000 |
| Pretax income | 152,000 | 387,000 | 760,000 | 1,300,000 |
| Income tax | 60,000 | 161,000 | 328,000 | 559,000 |
| Net income | 92,000 | 226,000 | 432,000 | 741,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,585,000 | 10,718,000 | 10,924,000 | 11,356,000 |
| Total capital | 10,875,000 | 11,083,000 | 11,398,000 | 11,845,000 |
| Risk-weighted assets | 50,005,000 | 62,750,000 | 73,977,000 | 77,338,000 |