Call reports 2004
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2004
What ARMED FORCES BANK, NATIONAL ASSOCIATION 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 | 549,043,000 | 548,311,000 | 551,902,000 | 613,232,000 |
| Total loans | 226,917,000 | 232,486,000 | 219,112,000 | 218,252,000 |
| Allowance for loan losses | 3,825,000 | 4,467,000 | 5,022,000 | 5,462,000 |
| Securities available for sale | 39,772,000 | 38,491,000 | 37,810,000 | 37,112,000 |
| Securities held to maturity | 187,978,000 | 186,056,000 | 181,594,000 | 146,260,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 480,006,000 | 480,819,000 | 479,915,000 | 536,767,000 |
| Interest-bearing deposits | 335,604,000 | 339,275,000 | 341,800,000 | 357,198,000 |
| Noninterest-bearing deposits | 144,402,000 | 141,544,000 | 138,115,000 | 179,569,000 |
| Equity capital | 59,392,000 | 61,585,000 | 63,829,000 | 64,212,000 |
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 | 4,054,000 | 8,509,000 | 13,176,000 | 17,953,000 |
| Interest expense | 587,000 | 1,176,000 | 1,808,000 | 2,519,000 |
| Net interest income | 3,467,000 | 7,333,000 | 11,368,000 | 15,434,000 |
| Noninterest income | 17,323,000 | 36,192,000 | 55,802,000 | 76,633,000 |
| Noninterest expense | 10,945,000 | 22,155,000 | 33,556,000 | 45,338,000 |
| Provision for loan losses | 900,000 | 1,950,000 | 3,000,000 | 4,050,000 |
| Pretax income | 8,945,000 | 19,420,000 | 30,614,000 | 42,679,000 |
| Income tax | 3,319,000 | 7,237,000 | 11,437,000 | 15,978,000 |
| Net income | 5,626,000 | 12,183,000 | 19,177,000 | 26,701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,521,000 | 60,292,000 | 62,518,000 | 62,815,000 |
| Total capital | 61,329,000 | 64,118,000 | 66,221,000 | 66,826,000 |
| Risk-weighted assets | 305,277,000 | 305,478,000 | 294,890,000 | 319,447,000 |