Call reports 2004
BRIGHTON COMMERCE BANK — 2004
What BRIGHTON COMMERCE 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 | 95,251,000 | 96,025,000 | 101,109,000 | 105,901,000 |
| Total loans | 84,707,000 | 85,605,000 | 89,714,000 | 95,991,000 |
| Allowance for loan losses | 831,000 | 856,000 | 896,000 | 969,000 |
| Securities available for sale | 616,000 | 602,000 | 594,000 | 585,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,183,000 | 81,947,000 | 85,692,000 | 89,118,000 |
| Interest-bearing deposits | 70,455,000 | 71,183,000 | 72,518,000 | 77,805,000 |
| Noninterest-bearing deposits | 10,728,000 | 10,764,000 | 13,174,000 | 11,313,000 |
| Equity capital | 8,204,000 | 8,287,000 | 8,576,000 | 8,953,000 |
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 | 1,351,000 | 2,785,000 | 4,254,000 | 5,840,000 |
| Interest expense | 375,000 | 750,000 | 1,134,000 | 1,584,000 |
| Net interest income | 976,000 | 2,035,000 | 3,120,000 | 4,256,000 |
| Noninterest income | 103,000 | 226,000 | 323,000 | 418,000 |
| Noninterest expense | 705,000 | 1,432,000 | 2,136,000 | 2,840,000 |
| Provision for loan losses | 36,000 | 61,000 | 101,000 | 174,000 |
| Pretax income | 338,000 | 768,000 | 1,206,000 | 1,660,000 |
| Income tax | 116,000 | 263,000 | 412,000 | 569,000 |
| Net income | 222,000 | 505,000 | 794,000 | 1,091,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,881,000 | 7,964,000 | 8,253,000 | 8,630,000 |
| Total capital | 8,712,000 | 8,820,000 | 9,149,000 | 9,599,000 |
| Risk-weighted assets | 87,076,000 | 87,425,000 | 91,376,000 | 95,988,000 |