Call reports 2004
MITCHELL BANK — 2004
What MITCHELL 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 | 73,414,000 | 79,768,000 | 83,693,000 | 80,428,000 |
| Total loans | 54,605,000 | 58,793,000 | 63,373,000 | 64,501,000 |
| Allowance for loan losses | 733,000 | 770,000 | 760,000 | 607,000 |
| Securities available for sale | 6,845,000 | 6,239,000 | 6,126,000 | 5,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,679,000 | 65,417,000 | 68,747,000 | 68,480,000 |
| Interest-bearing deposits | 49,005,000 | 53,576,000 | 56,726,000 | 56,078,000 |
| Noninterest-bearing deposits | 12,674,000 | 11,841,000 | 12,021,000 | 12,402,000 |
| Equity capital | 8,460,000 | 8,429,000 | 8,626,000 | 8,585,000 |
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 | 971,000 | 1,951,000 | 3,039,000 | 4,190,000 |
| Interest expense | 195,000 | 424,000 | 668,000 | 941,000 |
| Net interest income | 776,000 | 1,527,000 | 2,371,000 | 3,249,000 |
| Noninterest income | 84,000 | 195,000 | 287,000 | 368,000 |
| Noninterest expense | 699,000 | 1,407,000 | 2,143,000 | 2,858,000 |
| Provision for loan losses | 27,000 | 54,000 | 81,000 | 305,000 |
| Pretax income | 134,000 | 261,000 | 434,000 | 454,000 |
| Income tax | 42,000 | 82,000 | 141,000 | 179,000 |
| Net income | 92,000 | 179,000 | 293,000 | 275,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,376,000 | 8,463,000 | 8,577,000 | 8,559,000 |
| Total capital | 9,040,000 | 9,178,000 | 9,333,000 | 9,166,000 |
| Risk-weighted assets | 53,090,000 | 57,154,000 | 60,438,000 | 59,994,000 |