Call reports 2004
MAINSTREET BANK — 2004
What MAINSTREET BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Total assets | 15,046,000 | 23,814,000 | 46,867,000 |
| Total loans | 3,482,000 | 10,310,000 | 20,717,000 |
| Allowance for loan losses | 35,000 | 103,000 | 285,000 |
| Securities available for sale | 9,698,000 | 10,724,000 | 23,400,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 3,398,000 | 12,318,000 | 35,674,000 |
| Interest-bearing deposits | 2,384,000 | 6,537,000 | 28,045,000 |
| Noninterest-bearing deposits | 1,014,000 | 5,781,000 | 7,629,000 |
| Equity capital | 11,406,000 | 11,394,000 | 11,020,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Interest income | 17,000 | 163,000 | 564,000 |
| Interest expense | 3,000 | 29,000 | 154,000 |
| Net interest income | 14,000 | 134,000 | 410,000 |
| Noninterest income | 0 | 3,000 | 14,000 |
| Noninterest expense | 909,000 | 1,475,000 | 2,065,000 |
| Provision for loan losses | 35,000 | 103,000 | 285,000 |
| Pretax income | -930,000 | -1,441,000 | -1,926,000 |
| Income tax | 0 | -490,000 | -655,000 |
| Net income | -930,000 | -951,000 | -1,271,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|
| Tier 1 capital | 11,406,000 | 10,895,000 | 10,391,000 |
| Total capital | 11,441,000 | 10,998,000 | 10,676,000 |
| Risk-weighted assets | 5,339,000 | 11,147,000 | 29,410,000 |