Call reports 2004
FIRST ADVANTAGE BANK — 2004
What FIRST ADVANTAGE 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 | 11,596,000 | 16,059,000 | 21,487,000 | 24,326,000 |
| Total loans | 5,001,000 | 8,297,000 | 13,450,000 | 16,068,000 |
| Allowance for loan losses | 62,000 | 104,000 | 166,000 | 203,000 |
| Securities available for sale | 2,848,000 | 4,516,000 | 4,569,000 | 4,296,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,895,000 | 11,603,000 | 13,814,000 | 17,452,000 |
| Interest-bearing deposits | 6,334,000 | 9,947,000 | 11,710,000 | 14,745,000 |
| Noninterest-bearing deposits | 561,000 | 1,656,000 | 2,104,000 | 2,707,000 |
| Equity capital | 3,608,000 | 3,343,000 | 3,246,000 | 3,126,000 |
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 | 73,000 | 193,000 | 399,000 | 651,000 |
| Interest expense | 24,000 | 99,000 | 185,000 | 300,000 |
| Net interest income | 49,000 | 94,000 | 214,000 | 351,000 |
| Noninterest income | 2,000 | 10,000 | 17,000 | 32,000 |
| Noninterest expense | 255,000 | 584,000 | 856,000 | 1,133,000 |
| Provision for loan losses | 27,000 | 69,000 | 131,000 | 168,000 |
| Pretax income | -231,000 | -549,000 | -756,000 | -918,000 |
| Income tax | -81,000 | -192,000 | -265,000 | -321,000 |
| Net income | -150,000 | -357,000 | -491,000 | -597,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,436,000 | 3,087,000 | 2,900,000 | 2,730,000 |
| Total capital | 3,498,000 | 3,191,000 | 3,066,000 | 2,933,000 |
| Risk-weighted assets | 7,668,000 | 11,329,000 | 17,336,000 | 20,176,000 |