Call reports 2005
HOWARD BANK — 2005
What HOWARD 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 | 41,216,000 | 57,800,000 | 82,172,000 | 94,135,000 |
| Total loans | 22,379,000 | 38,982,000 | 58,318,000 | 69,228,000 |
| Allowance for loan losses | 251,000 | 437,000 | 653,000 | 776,000 |
| Securities available for sale | 11,934,000 | 10,966,000 | 5,979,000 | 13,298,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,043,000 | 44,267,000 | 63,588,000 | 75,756,000 |
| Interest-bearing deposits | 21,944,000 | 36,390,000 | 52,377,000 | 65,651,000 |
| Noninterest-bearing deposits | 5,099,000 | 7,877,000 | 11,211,000 | 10,105,000 |
| Equity capital | 13,828,000 | 13,120,000 | 18,074,000 | 17,960,000 |
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 | 344,000 | 907,000 | 1,800,000 | 3,099,000 |
| Interest expense | 102,000 | 261,000 | 562,000 | 1,051,000 |
| Net interest income | 242,000 | 646,000 | 1,238,000 | 2,048,000 |
| Noninterest income | 18,000 | 34,000 | 60,000 | 87,000 |
| Noninterest expense | 927,000 | 1,879,000 | 2,979,000 | 3,998,000 |
| Provision for loan losses | 130,000 | 316,000 | 532,000 | 655,000 |
| Pretax income | -797,000 | -1,515,000 | -2,213,000 | -2,518,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -797,000 | -1,515,000 | -2,213,000 | -2,518,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,861,000 | 13,143,000 | 18,092,000 | 17,990,000 |
| Total capital | 14,112,000 | 13,580,000 | 18,745,000 | 18,766,000 |
| Risk-weighted assets | 28,433,000 | 44,089,000 | 67,107,000 | 76,425,000 |