Call reports 2004
WESTERN RESERVE BANK — 2004
What WESTERN RESERVE 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 | 112,910,000 | 115,165,000 | 114,010,000 | 115,236,000 |
| Total loans | 100,631,000 | 102,537,000 | 106,111,000 | 104,987,000 |
| Allowance for loan losses | 1,566,000 | 1,597,000 | 1,783,000 | 1,606,000 |
| Securities available for sale | 1,689,000 | 1,601,000 | 1,537,000 | 1,205,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,560,000 | 101,341,000 | 100,090,000 | 103,176,000 |
| Interest-bearing deposits | 87,560,000 | 89,779,000 | 86,997,000 | 89,057,000 |
| Noninterest-bearing deposits | 10,000,000 | 11,562,000 | 13,093,000 | 14,119,000 |
| Equity capital | 7,859,000 | 8,070,000 | 8,162,000 | 7,752,000 |
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 | 1,415,000 | 2,901,000 | 4,442,000 | 6,104,000 |
| Interest expense | 480,000 | 984,000 | 1,489,000 | 2,027,000 |
| Net interest income | 935,000 | 1,917,000 | 2,953,000 | 4,077,000 |
| Noninterest income | 62,000 | 174,000 | 230,000 | 436,000 |
| Noninterest expense | 715,000 | 1,437,000 | 2,210,000 | 3,111,000 |
| Provision for loan losses | 64,000 | 95,000 | 281,000 | 1,325,000 |
| Pretax income | 218,000 | 559,000 | 692,000 | 77,000 |
| Income tax | 73,000 | 189,000 | 234,000 | 24,000 |
| Net income | 145,000 | 370,000 | 458,000 | 53,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,847,000 | 8,072,000 | 8,161,000 | 7,755,000 |
| Total capital | 10,608,000 | 10,869,000 | 10,992,000 | 10,592,000 |
| Risk-weighted assets | 100,575,000 | 103,495,000 | 105,996,000 | 105,621,000 |