Call reports 2005
METHOD BANK — 2005
What METHOD BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 12,450,000 | 13,086,000 | 13,317,000 | 13,213,000 |
| Total loans | 7,896,000 | 8,068,000 | 8,213,000 | 8,123,000 |
| Allowance for loan losses | 175,000 | 170,000 | 175,000 | 135,000 |
| Securities available for sale | 2,386,000 | 1,625,000 | 1,609,000 | 1,585,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,875,000 | 11,446,000 | 11,649,000 | 11,541,000 |
| Interest-bearing deposits | 7,647,000 | 7,362,000 | 8,297,000 | 8,273,000 |
| Noninterest-bearing deposits | 3,228,000 | 4,085,000 | 3,352,000 | 3,268,000 |
| Equity capital | 1,351,000 | 1,421,000 | 1,441,000 | 1,448,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 194,000 | 382,000 | 577,000 | 777,000 |
| Interest expense | 34,000 | 70,000 | 109,000 | 151,000 |
| Net interest income | 160,000 | 312,000 | 468,000 | 626,000 |
| Noninterest income | 33,000 | 73,000 | 136,000 | 196,000 |
| Noninterest expense | 141,000 | 295,000 | 451,000 | 610,000 |
| Provision for loan losses | 15,000 | 18,000 | 38,000 | 58,000 |
| Pretax income | 37,000 | 72,000 | 115,000 | 154,000 |
| Income tax | 8,000 | 8,000 | 20,000 | 35,000 |
| Net income | 29,000 | 64,000 | 95,000 | 119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,417,000 | 1,452,000 | 1,483,000 | 1,507,000 |
| Total capital | 1,527,000 | 1,566,000 | 1,600,000 | 1,623,000 |
| Risk-weighted assets | 8,741,000 | 9,077,000 | 9,293,000 | 9,261,000 |