Call reports 2005
EXCHANGE BANK OF FAIRFAX — 2005
What EXCHANGE BANK OF FAIRFAX 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 | 16,362,000 | 16,113,000 | 15,956,000 | 15,475,000 |
| Total loans | 3,499,000 | 4,397,000 | 4,424,000 | 4,347,000 |
| Allowance for loan losses | 378,000 | 378,000 | 378,000 | 378,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 9,222,000 | 9,223,000 | 9,722,000 | 9,722,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,260,000 | 12,987,000 | 12,331,000 | 12,349,000 |
| Interest-bearing deposits | 10,094,000 | 9,828,000 | 9,517,000 | 9,169,000 |
| Noninterest-bearing deposits | 3,166,000 | 3,159,000 | 2,814,000 | 3,180,000 |
| Equity capital | 3,001,000 | 3,000,000 | 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 | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 156,000 | 325,000 | 499,000 | 681,000 |
| Interest expense | 31,000 | 65,000 | 102,000 | 141,000 |
| Net interest income | 125,000 | 260,000 | 397,000 | 540,000 |
| Noninterest income | 9,000 | 18,000 | 30,000 | 39,000 |
| Noninterest expense | 80,000 | 167,000 | 262,000 | 377,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 54,000 | 111,000 | 165,000 | 202,000 |
| Income tax | 15,000 | 33,000 | 49,000 | 59,000 |
| Net income | 39,000 | 78,000 | 116,000 | 143,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,001,000 | 3,000,000 | 3,001,000 | 3,000,000 |
| Total capital | 3,072,000 | 3,080,000 | 3,080,000 | 3,075,000 |
| Risk-weighted assets | 5,413,000 | 6,118,000 | 6,012,000 | 5,714,000 |