Call reports 2004
CHITTENDEN TRUST COMPANY — 2004
What CHITTENDEN TRUST COMPANY 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 | 2,939,470,000 | 2,918,884,000 | 3,074,638,000 | 3,169,629,000 |
| Total loans | 1,872,143,000 | 1,910,128,000 | 1,996,173,000 | 2,099,587,000 |
| Allowance for loan losses | 27,524,000 | 28,331,000 | 28,991,000 | 28,955,000 |
| Securities available for sale | 829,441,000 | 790,730,000 | 819,958,000 | 822,305,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,543,030,000 | 2,551,157,000 | 2,715,455,000 | 2,733,877,000 |
| Interest-bearing deposits | 2,324,655,000 | 2,050,614,000 | 2,564,435,000 | 2,488,588,000 |
| Noninterest-bearing deposits | 218,375,000 | 500,543,000 | 151,020,000 | 245,289,000 |
| Equity capital | 229,751,000 | 228,828,000 | 237,225,000 | 244,737,000 |
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 | 33,251,000 | 66,903,000 | 101,647,000 | 138,688,000 |
| Interest expense | 5,099,000 | 10,264,000 | 15,767,000 | 21,981,000 |
| Net interest income | 28,152,000 | 56,639,000 | 85,880,000 | 116,707,000 |
| Noninterest income | 9,716,000 | 23,554,000 | 34,225,000 | 46,222,000 |
| Noninterest expense | 23,163,000 | 46,843,000 | 69,912,000 | 92,335,000 |
| Provision for loan losses | 575,000 | 1,700,000 | 3,025,000 | 4,150,000 |
| Pretax income | 15,793,000 | 34,453,000 | 51,304,000 | 70,682,000 |
| Income tax | 5,300,000 | 11,605,000 | 17,267,000 | 23,610,000 |
| Net income | 10,493,000 | 22,848,000 | 34,037,000 | 47,072,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 210,458,000 | 220,669,000 | 223,289,000 | 233,574,000 |
| Total capital | 237,982,000 | 249,000,000 | 252,280,000 | 262,529,000 |
| Risk-weighted assets | 2,239,128,000 | 2,285,107,000 | 2,428,860,000 | 2,453,895,000 |