Call reports 2004
BANK OF GASSAWAY — 2004
What BANK OF GASSAWAY 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 | 171,773,000 | 171,143,000 | 172,391,000 | 166,342,000 |
| Total loans | 78,958,000 | 77,489,000 | 76,376,000 | 75,446,000 |
| Allowance for loan losses | 2,309,000 | 2,339,000 | 2,379,000 | 1,882,000 |
| Securities available for sale | 53,185,000 | 49,770,000 | 49,176,000 | 49,898,000 |
| Securities held to maturity | 2,994,000 | 15,973,000 | 16,721,000 | 18,222,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 156,078,000 | 156,669,000 | 156,848,000 | 150,691,000 |
| Interest-bearing deposits | 128,334,000 | 126,408,000 | 126,041,000 | 124,163,000 |
| Noninterest-bearing deposits | 27,744,000 | 30,261,000 | 30,807,000 | 26,528,000 |
| Equity capital | 14,617,000 | 13,594,000 | 14,489,000 | 14,633,000 |
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 | 2,350,000 | 4,611,000 | 6,803,000 | 8,988,000 |
| Interest expense | 593,000 | 1,139,000 | 1,663,000 | 2,180,000 |
| Net interest income | 1,757,000 | 3,472,000 | 5,140,000 | 6,808,000 |
| Noninterest income | 104,000 | 220,000 | 345,000 | 501,000 |
| Noninterest expense | 1,116,000 | 2,230,000 | 3,330,000 | 4,484,000 |
| Provision for loan losses | 225,000 | 450,000 | 650,000 | 850,000 |
| Pretax income | 523,000 | 1,017,000 | 1,510,000 | 1,980,000 |
| Income tax | 199,000 | 380,000 | 569,000 | 712,000 |
| Net income | 324,000 | 637,000 | 941,000 | 1,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,526,000 | 14,588,000 | 14,892,000 | 15,219,000 |
| Total capital | 15,588,000 | 15,636,000 | 15,913,000 | 16,221,000 |
| Risk-weighted assets | 83,750,000 | 82,578,000 | 80,359,000 | 79,257,000 |