Call reports 2004
DISCOVERY BANK — 2004
What DISCOVERY 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 | 76,626,000 | 86,434,000 | 98,180,000 | 99,413,000 |
| Total loans | 65,682,000 | 75,179,000 | 79,025,000 | 81,035,000 |
| Allowance for loan losses | 794,000 | 911,000 | 969,000 | 998,000 |
| Securities available for sale | 2,525,000 | 1,767,000 | 3,008,000 | 2,706,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,699,000 | 70,850,000 | 80,135,000 | 79,593,000 |
| Interest-bearing deposits | 50,874,000 | 57,873,000 | 63,334,000 | 64,908,000 |
| Noninterest-bearing deposits | 12,825,000 | 12,977,000 | 16,801,000 | 14,685,000 |
| Equity capital | 9,757,000 | 9,756,000 | 10,165,000 | 10,355,000 |
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 | 1,050,000 | 2,221,000 | 3,549,000 | 5,004,000 |
| Interest expense | 237,000 | 485,000 | 812,000 | 1,180,000 |
| Net interest income | 813,000 | 1,736,000 | 2,737,000 | 3,824,000 |
| Noninterest income | 30,000 | 69,000 | 106,000 | 160,000 |
| Noninterest expense | 732,000 | 1,535,000 | 2,356,000 | 3,147,000 |
| Provision for loan losses | 33,000 | 151,000 | 209,000 | 238,000 |
| Pretax income | 78,000 | 110,000 | 269,000 | 590,000 |
| Income tax | 14,000 | 20,000 | -211,000 | -85,000 |
| Net income | 64,000 | 90,000 | 480,000 | 675,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,743,000 | 9,779,000 | 10,169,000 | 10,365,000 |
| Total capital | 10,537,000 | 10,690,000 | 11,148,000 | 11,385,000 |
| Risk-weighted assets | 67,639,000 | 82,608,000 | 85,587,000 | 91,758,000 |