Call reports 2004
NEW FRONTIER BANK — 2004
What NEW FRONTIER 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 | 414,099,000 | 453,623,000 | 486,880,000 | 520,329,000 |
| Total loans | 337,115,000 | 372,475,000 | 391,524,000 | 423,549,000 |
| Allowance for loan losses | 3,434,000 | 3,702,000 | 3,993,000 | 4,219,000 |
| Securities available for sale | 35,395,000 | 31,029,000 | 29,941,000 | 27,324,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 340,959,000 | 364,064,000 | 393,061,000 | 418,457,000 |
| Interest-bearing deposits | 313,728,000 | 329,457,000 | 358,891,000 | 382,901,000 |
| Noninterest-bearing deposits | 27,231,000 | 34,607,000 | 34,170,000 | 35,556,000 |
| Equity capital | 34,410,000 | 37,818,000 | 42,617,000 | 46,645,000 |
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 | 6,453,000 | 13,527,000 | 21,154,000 | 29,426,000 |
| Interest expense | 2,437,000 | 5,061,000 | 7,962,000 | 11,151,000 |
| Net interest income | 4,016,000 | 8,466,000 | 13,192,000 | 18,275,000 |
| Noninterest income | 349,000 | 735,000 | 1,174,000 | 1,897,000 |
| Noninterest expense | 2,106,000 | 4,322,000 | 6,677,000 | 9,273,000 |
| Provision for loan losses | 350,000 | 800,000 | 1,400,000 | 2,375,000 |
| Pretax income | 1,915,000 | 4,085,000 | 6,283,000 | 8,518,000 |
| Income tax | 680,000 | 1,455,000 | 2,227,000 | 3,022,000 |
| Net income | 1,235,000 | 2,630,000 | 4,056,000 | 5,496,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,931,000 | 37,923,000 | 42,283,000 | 46,434,000 |
| Total capital | 37,365,000 | 41,625,000 | 46,276,000 | 50,653,000 |
| Risk-weighted assets | 360,515,000 | 396,462,000 | 416,536,000 | 449,896,000 |