Call reports 2004
ATLANTIC STEWARDSHIP BANK — 2004
What ATLANTIC STEWARDSHIP 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 | 396,442,000 | 401,339,000 | 394,354,000 | 419,780,000 |
| Total loans | 267,688,000 | 276,244,000 | 276,621,000 | 296,436,000 |
| Allowance for loan losses | 2,964,000 | 3,023,000 | 3,155,000 | 3,299,000 |
| Securities available for sale | 55,308,000 | 53,908,000 | 55,239,000 | 52,030,000 |
| Securities held to maturity | 45,014,000 | 42,936,000 | 41,754,000 | 40,104,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 341,160,000 | 348,937,000 | 341,199,000 | 357,156,000 |
| Interest-bearing deposits | 264,148,000 | 266,639,000 | 258,110,000 | 266,096,000 |
| Noninterest-bearing deposits | 77,012,000 | 82,298,000 | 83,089,000 | 91,060,000 |
| Equity capital | 30,207,000 | 30,138,000 | 31,675,000 | 32,767,000 |
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 | 5,134,000 | 10,268,000 | 15,540,000 | 21,015,000 |
| Interest expense | 1,137,000 | 2,197,000 | 3,214,000 | 4,298,000 |
| Net interest income | 3,997,000 | 8,071,000 | 12,326,000 | 16,717,000 |
| Noninterest income | 589,000 | 1,339,000 | 2,004,000 | 2,687,000 |
| Noninterest expense | 2,998,000 | 6,105,000 | 9,174,000 | 12,355,000 |
| Provision for loan losses | 120,000 | 240,000 | 390,000 | 540,000 |
| Pretax income | 1,468,000 | 3,065,000 | 4,766,000 | 6,509,000 |
| Income tax | 523,000 | 1,100,000 | 1,720,000 | 2,359,000 |
| Net income | 945,000 | 1,965,000 | 3,046,000 | 4,150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,649,000 | 30,654,000 | 31,495,000 | 32,760,000 |
| Total capital | 32,613,000 | 33,677,000 | 34,650,000 | 36,059,000 |
| Risk-weighted assets | 265,541,000 | 274,106,000 | 276,892,000 | 299,163,000 |