Call reports 2004
XENITH BANK — 2004
What XENITH 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 | 52,902,000 | 59,637,000 | 71,881,000 | 80,924,000 |
| Total loans | 27,003,000 | 30,454,000 | 36,072,000 | 41,522,000 |
| Allowance for loan losses | 203,000 | 228,000 | 288,000 | 332,000 |
| Securities available for sale | 17,829,000 | 18,491,000 | 29,243,000 | 35,701,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,567,000 | 48,977,000 | 56,643,000 | 65,488,000 |
| Interest-bearing deposits | 34,518,000 | 38,877,000 | 46,227,000 | 55,210,000 |
| Noninterest-bearing deposits | 9,049,000 | 10,100,000 | 10,416,000 | 10,278,000 |
| Equity capital | 9,138,000 | 8,539,000 | 14,880,000 | 14,778,000 |
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 | 507,000 | 1,121,000 | 1,879,000 | 2,757,000 |
| Interest expense | 189,000 | 425,000 | 702,000 | 1,041,000 |
| Net interest income | 318,000 | 696,000 | 1,177,000 | 1,716,000 |
| Noninterest income | 44,000 | 116,000 | 193,000 | 256,000 |
| Noninterest expense | 446,000 | 936,000 | 1,463,000 | 2,071,000 |
| Provision for loan losses | 44,000 | 70,000 | 130,000 | 173,000 |
| Pretax income | -100,000 | -112,000 | -143,000 | -192,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -100,000 | -112,000 | -143,000 | -192,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,014,000 | 8,991,000 | 14,982,000 | 14,951,000 |
| Total capital | 9,217,000 | 9,219,000 | 15,270,000 | 15,283,000 |
| Risk-weighted assets | 28,227,000 | 32,537,000 | 37,386,000 | 43,306,000 |