Call reports 2005
SPECTRA BANK — 2005
What SPECTRA 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 | 38,021,000 | 44,587,000 | 39,379,000 | 42,207,000 |
| Total loans | 22,632,000 | 22,043,000 | 22,890,000 | 21,302,000 |
| Allowance for loan losses | 238,000 | 230,000 | 229,000 | 253,000 |
| Securities available for sale | 0 | 4,974,000 | 0 | 0 |
| Securities held to maturity | 3,062,000 | 3,057,000 | 3,044,000 | 2,986,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,851,000 | 41,245,000 | 35,950,000 | 36,903,000 |
| Interest-bearing deposits | 17,742,000 | 21,828,000 | 17,788,000 | 17,494,000 |
| Noninterest-bearing deposits | 17,109,000 | 19,417,000 | 18,162,000 | 19,409,000 |
| Equity capital | 3,071,000 | 3,266,000 | 3,330,000 | 5,234,000 |
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 | 495,000 | 995,000 | 1,531,000 | 2,077,000 |
| Interest expense | 52,000 | 127,000 | 200,000 | 282,000 |
| Net interest income | 443,000 | 868,000 | 1,331,000 | 1,795,000 |
| Noninterest income | 208,000 | 567,000 | 963,000 | 1,284,000 |
| Noninterest expense | 540,000 | 1,083,000 | 1,657,000 | 2,338,000 |
| Provision for loan losses | 2,000 | 36,000 | 79,000 | 79,000 |
| Pretax income | 109,000 | 316,000 | 558,000 | 662,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 109,000 | 316,000 | 558,000 | 662,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,071,000 | 3,278,000 | 3,330,000 | 5,234,000 |
| Total capital | 3,309,000 | 3,508,000 | 3,559,000 | 5,487,000 |
| Risk-weighted assets | 23,663,000 | 24,183,000 | 24,165,000 | 23,933,000 |