Call reports 2004
ACADEMY BANK — 2004
What ACADEMY 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 | 41,568,000 | 41,654,000 | 44,563,000 | 45,608,000 |
| Total loans | 32,208,000 | 31,486,000 | 33,086,000 | 35,198,000 |
| Allowance for loan losses | 442,000 | 460,000 | 475,000 | 442,000 |
| Securities available for sale | 6,114,000 | 7,218,000 | 7,753,000 | 7,263,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,244,000 | 36,375,000 | 39,107,000 | 38,597,000 |
| Interest-bearing deposits | 32,112,000 | 31,818,000 | 32,908,000 | 33,628,000 |
| Noninterest-bearing deposits | 4,132,000 | 4,557,000 | 6,199,000 | 4,969,000 |
| Equity capital | 5,145,000 | 5,130,000 | 5,311,000 | 5,423,000 |
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 | 587,000 | 1,170,000 | 1,794,000 | 2,475,000 |
| Interest expense | 187,000 | 378,000 | 576,000 | 782,000 |
| Net interest income | 400,000 | 792,000 | 1,218,000 | 1,693,000 |
| Noninterest income | 90,000 | 223,000 | 367,000 | 539,000 |
| Noninterest expense | 360,000 | 734,000 | 1,142,000 | 1,547,000 |
| Provision for loan losses | 26,000 | 50,000 | 64,000 | 73,000 |
| Pretax income | 104,000 | 231,000 | 379,000 | 612,000 |
| Income tax | 13,000 | 62,000 | 118,000 | 223,000 |
| Net income | 91,000 | 169,000 | 261,000 | 389,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,146,000 | 5,224,000 | 5,315,000 | 5,444,000 |
| Total capital | 5,559,000 | 5,632,000 | 5,748,000 | 5,886,000 |
| Risk-weighted assets | 33,040,000 | 32,624,000 | 34,614,000 | 36,070,000 |