Call reports 2004
METHOD BANK — 2004
What METHOD 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 | 13,414,000 | 13,045,000 | 12,939,000 | 13,202,000 |
| Total loans | 7,159,000 | 7,164,000 | 7,405,000 | 7,809,000 |
| Allowance for loan losses | 140,000 | 153,000 | 164,000 | 170,000 |
| Securities available for sale | 2,391,000 | 2,898,000 | 2,254,000 | 2,540,000 |
| Securities held to maturity | 1,216,000 | 510,000 | 506,000 | 503,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,769,000 | 11,462,000 | 11,280,000 | 11,527,000 |
| Interest-bearing deposits | 8,395,000 | 8,174,000 | 7,710,000 | 7,362,000 |
| Noninterest-bearing deposits | 3,374,000 | 3,288,000 | 3,570,000 | 4,165,000 |
| Equity capital | 1,413,000 | 1,364,000 | 1,443,000 | 1,361,000 |
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 | 200,000 | 385,000 | 575,000 | 768,000 |
| Interest expense | 58,000 | 109,000 | 154,000 | 194,000 |
| Net interest income | 142,000 | 276,000 | 421,000 | 574,000 |
| Noninterest income | 31,000 | 63,000 | 103,000 | 169,000 |
| Noninterest expense | 130,000 | 258,000 | 389,000 | 541,000 |
| Provision for loan losses | 15,000 | 25,000 | 40,000 | 60,000 |
| Pretax income | 28,000 | 56,000 | 95,000 | 142,000 |
| Income tax | 0 | 8,000 | 14,000 | 34,000 |
| Net income | 28,000 | 48,000 | 81,000 | 108,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,406,000 | 1,426,000 | 1,438,000 | 1,367,000 |
| Total capital | 1,506,000 | 1,526,000 | 1,543,000 | 1,477,000 |
| Risk-weighted assets | 8,001,000 | 7,946,000 | 8,337,000 | 8,721,000 |