Call reports 2004
EXCHANGE BANK OF FAIRFAX — 2004
What EXCHANGE BANK OF FAIRFAX 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 | 16,849,000 | 16,867,000 | 16,214,000 | 16,143,000 |
| Total loans | 3,086,000 | 3,495,000 | 3,704,000 | 3,965,000 |
| Allowance for loan losses | 380,000 | 380,000 | 380,000 | 377,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 9,738,000 | 10,718,000 | 9,791,000 | 9,288,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,722,000 | 13,709,000 | 13,025,000 | 13,096,000 |
| Interest-bearing deposits | 10,338,000 | 10,267,000 | 10,012,000 | 9,724,000 |
| Noninterest-bearing deposits | 3,384,000 | 3,442,000 | 3,013,000 | 3,372,000 |
| Equity capital | 3,001,000 | 3,001,000 | 3,001,000 | 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 | 155,000 | 315,000 | 478,000 | 646,000 |
| Interest expense | 24,000 | 47,000 | 71,000 | 98,000 |
| Net interest income | 131,000 | 268,000 | 407,000 | 548,000 |
| Noninterest income | 9,000 | 20,000 | 33,000 | 42,000 |
| Noninterest expense | 107,000 | 218,000 | 324,000 | 431,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 33,000 | 70,000 | 116,000 | 159,000 |
| Income tax | 7,000 | 16,000 | 29,000 | 41,000 |
| Net income | 26,000 | 54,000 | 87,000 | 118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,001,000 | 3,001,000 | 3,001,000 | 3,000,000 |
| Total capital | 3,069,000 | 3,075,000 | 3,075,000 | 3,076,000 |
| Risk-weighted assets | 5,157,000 | 5,604,000 | 5,643,000 | 5,754,000 |