Call reports 2004
SPECTRA BANK — 2004
What SPECTRA 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 | 34,811,000 | 35,518,000 | 40,119,000 | 39,131,000 |
| Total loans | 22,299,000 | 23,007,000 | 22,197,000 | 23,458,000 |
| Allowance for loan losses | 227,000 | 229,000 | 236,000 | 235,000 |
| Securities available for sale | 1,020,000 | 0 | 0 | 0 |
| Securities held to maturity | 3,110,000 | 3,076,000 | 3,071,000 | 3,067,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,407,000 | 32,540,000 | 36,999,000 | 35,902,000 |
| Interest-bearing deposits | 16,848,000 | 16,764,000 | 19,306,000 | 18,617,000 |
| Noninterest-bearing deposits | 14,559,000 | 15,776,000 | 17,693,000 | 17,285,000 |
| Equity capital | 2,876,000 | 2,920,000 | 2,978,000 | 3,000,000 |
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 | 432,000 | 857,000 | 1,298,000 | 1,798,000 |
| Interest expense | 42,000 | 82,000 | 131,000 | 185,000 |
| Net interest income | 390,000 | 775,000 | 1,167,000 | 1,613,000 |
| Noninterest income | 215,000 | 451,000 | 691,000 | 925,000 |
| Noninterest expense | 424,000 | 853,000 | 1,302,000 | 1,825,000 |
| Provision for loan losses | 0 | 0 | 0 | 11,000 |
| Pretax income | 181,000 | 393,000 | 576,000 | 722,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 181,000 | 393,000 | 576,000 | 722,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,876,000 | 2,920,000 | 2,978,000 | 3,000,000 |
| Total capital | 3,103,000 | 3,149,000 | 3,214,000 | 3,235,000 |
| Risk-weighted assets | 21,442,000 | 23,222,000 | 24,229,000 | 24,750,000 |