Call reports 2006
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2006
What ARMED FORCES BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 715,031,000 | 746,454,000 | 750,168,000 | 746,222,000 |
| Total loans | 455,984,000 | 506,108,000 | 502,477,000 | 446,803,000 |
| Allowance for loan losses | 8,006,000 | 8,667,000 | 9,162,000 | 9,404,000 |
| Securities available for sale | 65,227,000 | 46,100,000 | 90,377,000 | 100,431,000 |
| Securities held to maturity | 52,136,000 | 50,069,000 | 27,913,000 | 15,938,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 629,444,000 | 648,867,000 | 645,092,000 | 638,919,000 |
| Interest-bearing deposits | 408,205,000 | 427,131,000 | 423,556,000 | 427,124,000 |
| Noninterest-bearing deposits | 221,239,000 | 221,736,000 | 221,536,000 | 211,795,000 |
| Equity capital | 66,746,000 | 83,660,000 | 90,584,000 | 92,788,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 10,228,000 | 21,881,000 | 34,848,000 | 47,687,000 |
| Interest expense | 1,621,000 | 3,441,000 | 5,597,000 | 7,921,000 |
| Net interest income | 8,607,000 | 18,440,000 | 29,251,000 | 39,766,000 |
| Noninterest income | 21,407,000 | 44,059,000 | 67,644,000 | 90,561,000 |
| Noninterest expense | 12,544,000 | 25,377,000 | 38,415,000 | 51,590,000 |
| Provision for loan losses | 1,050,000 | 2,150,000 | 3,400,000 | 4,500,000 |
| Pretax income | 16,420,000 | 34,972,000 | 55,080,000 | 74,237,000 |
| Income tax | 6,020,000 | 12,845,000 | 20,260,000 | 27,314,000 |
| Net income | 10,400,000 | 22,127,000 | 34,820,000 | 46,923,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,880,000 | 72,017,000 | 78,922,000 | 81,090,000 |
| Total capital | 71,961,000 | 79,387,000 | 86,013,000 | 87,686,000 |
| Risk-weighted assets | 539,135,000 | 588,293,000 | 577,114,000 | 524,802,000 |