Call reports 2004
MAGIC VALLEY BANK — 2004
What MAGIC VALLEY 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 |
|---|---|---|---|
| Total assets | 73,778,000 | 78,055,000 | 80,012,000 |
| Total loans | 59,166,000 | 63,347,000 | 67,811,000 |
| Allowance for loan losses | 827,000 | 837,000 | 929,000 |
| Securities available for sale | 6,579,000 | 6,179,000 | 6,027,000 |
| Securities held to maturity | 869,000 | 868,000 | 867,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 63,316,000 | 66,578,000 | 68,182,000 |
| Interest-bearing deposits | 49,675,000 | 52,429,000 | 53,588,000 |
| Noninterest-bearing deposits | 13,641,000 | 14,149,000 | 14,594,000 |
| Equity capital | 7,150,000 | 7,221,000 | 7,479,000 |
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 |
|---|---|---|---|
| Interest income | 1,095,000 | 2,253,000 | 3,493,000 |
| Interest expense | 215,000 | 440,000 | 673,000 |
| Net interest income | 880,000 | 1,813,000 | 2,820,000 |
| Noninterest income | 188,000 | 429,000 | 629,000 |
| Noninterest expense | 773,000 | 1,688,000 | 2,575,000 |
| Provision for loan losses | 12,000 | 12,000 | 12,000 |
| Pretax income | 283,000 | 542,000 | 862,000 |
| Income tax | 97,000 | 187,000 | 301,000 |
| Net income | 186,000 | 355,000 | 561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 |
|---|---|---|---|
| Tier 1 capital | 7,087,000 | 7,244,000 | 7,456,000 |
| Total capital | 7,853,000 | 8,081,000 | 8,385,000 |
| Risk-weighted assets | 61,204,000 | 68,037,000 | 74,372,000 |