Call reports 2004
BANKFIRST FINANCIAL SERVICES — 2004
What BANKFIRST FINANCIAL SERVICES 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 | 351,092,000 | 365,421,000 | 372,916,000 | 391,857,000 |
| Total loans | 255,727,000 | 276,735,000 | 290,583,000 | 303,454,000 |
| Allowance for loan losses | 2,379,000 | 2,542,000 | 2,649,000 | 2,962,000 |
| Securities available for sale | 40,498,000 | 50,028,000 | 47,218,000 | 39,403,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 256,595,000 | 264,670,000 | 271,045,000 | 284,634,000 |
| Interest-bearing deposits | 219,701,000 | 228,859,000 | 234,424,000 | 245,236,000 |
| Noninterest-bearing deposits | 36,894,000 | 35,811,000 | 36,621,000 | 39,398,000 |
| Equity capital | 26,284,000 | 26,042,000 | 28,648,000 | 29,028,000 |
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 | 4,673,000 | 9,497,000 | 14,773,000 | 20,252,000 |
| Interest expense | 1,651,000 | 3,349,000 | 5,176,000 | 7,091,000 |
| Net interest income | 3,022,000 | 6,148,000 | 9,597,000 | 13,161,000 |
| Noninterest income | 1,021,000 | 2,104,000 | 3,176,000 | 4,122,000 |
| Noninterest expense | 2,659,000 | 5,493,000 | 8,294,000 | 11,365,000 |
| Provision for loan losses | 266,000 | 561,000 | 847,000 | 1,382,000 |
| Pretax income | 1,075,000 | 2,155,000 | 3,582,000 | 4,477,000 |
| Income tax | 363,000 | 727,000 | 1,236,000 | 1,564,000 |
| Net income | 712,000 | 1,428,000 | 2,346,000 | 2,913,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,812,000 | 26,530,000 | 28,452,000 | 28,922,000 |
| Total capital | 28,191,000 | 29,072,000 | 31,101,000 | 31,884,000 |
| Risk-weighted assets | 269,867,000 | 289,639,000 | 298,300,000 | 312,617,000 |