Call reports 2004
STATE BANK OF TOWER — 2004
What STATE BANK OF TOWER 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 | 42,663,000 | 44,488,000 | 45,419,000 | 45,050,000 |
| Total loans | 34,989,000 | 36,153,000 | 36,688,000 | 37,335,000 |
| Allowance for loan losses | 340,000 | 336,000 | 349,000 | 354,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,318,000 | 41,167,000 | 42,107,000 | 41,514,000 |
| Interest-bearing deposits | 30,688,000 | 30,920,000 | 32,560,000 | 32,057,000 |
| Noninterest-bearing deposits | 8,630,000 | 10,247,000 | 9,547,000 | 9,457,000 |
| Equity capital | 3,312,000 | 3,293,000 | 3,281,000 | 3,505,000 |
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 | 626,000 | 1,253,000 | 1,899,000 | 2,555,000 |
| Interest expense | 94,000 | 188,000 | 288,000 | 401,000 |
| Net interest income | 532,000 | 1,065,000 | 1,611,000 | 2,154,000 |
| Noninterest income | 183,000 | 314,000 | 436,000 | 589,000 |
| Noninterest expense | 440,000 | 876,000 | 1,351,000 | 1,820,000 |
| Provision for loan losses | 6,000 | 12,000 | 25,000 | 31,000 |
| Pretax income | 269,000 | 491,000 | 671,000 | 892,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 269,000 | 491,000 | 671,000 | 892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,312,000 | 3,293,000 | 3,281,000 | 3,505,000 |
| Total capital | 3,652,000 | 3,629,000 | 3,630,000 | 3,859,000 |
| Risk-weighted assets | 33,823,000 | 35,777,000 | 36,081,000 | 36,951,000 |