Call reports 2004
FIRST GULF BANK — 2004
What FIRST GULF 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 | 289,141,000 | 306,888,000 | 303,530,000 | 356,748,000 |
| Total loans | 224,143,000 | 227,671,000 | 233,486,000 | 244,724,000 |
| Allowance for loan losses | 2,718,000 | 2,868,000 | 3,056,000 | 3,160,000 |
| Securities available for sale | 39,614,000 | 37,693,000 | 38,019,000 | 45,089,000 |
| Securities held to maturity | 2,232,000 | 1,824,000 | 1,684,000 | 1,741,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 235,024,000 | 254,679,000 | 250,761,000 | 305,425,000 |
| Interest-bearing deposits | 195,593,000 | 210,306,000 | 210,090,000 | 252,740,000 |
| Noninterest-bearing deposits | 39,431,000 | 44,373,000 | 40,671,000 | 52,685,000 |
| Equity capital | 18,781,000 | 19,627,000 | 23,770,000 | 24,374,000 |
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 | 3,139,000 | 6,461,000 | 10,042,000 | 13,935,000 |
| Interest expense | 775,000 | 1,596,000 | 2,456,000 | 3,502,000 |
| Net interest income | 2,364,000 | 4,865,000 | 7,586,000 | 10,433,000 |
| Noninterest income | 944,000 | 2,009,000 | 3,016,000 | 3,833,000 |
| Noninterest expense | 2,052,000 | 4,180,000 | 6,331,000 | 8,393,000 |
| Provision for loan losses | 110,000 | 285,000 | 495,000 | 605,000 |
| Pretax income | 1,146,000 | 2,409,000 | 3,776,000 | 5,268,000 |
| Income tax | 396,000 | 839,000 | 1,324,000 | 1,851,000 |
| Net income | 750,000 | 1,570,000 | 2,452,000 | 3,417,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,537,000 | 20,158,000 | 23,789,000 | 24,479,000 |
| Total capital | 21,105,000 | 22,791,000 | 26,507,000 | 27,424,000 |
| Risk-weighted assets | 205,297,000 | 210,427,000 | 217,034,000 | 235,414,000 |