Call reports 2004
OGLETHORPE BANK — 2004
What OGLETHORPE 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 | 39,887,000 | 58,588,000 | 77,339,000 | 90,207,000 |
| Total loans | 31,875,000 | 47,488,000 | 61,890,000 | 73,037,000 |
| Allowance for loan losses | 353,000 | 525,000 | 680,000 | 808,000 |
| Securities available for sale | 2,352,000 | 4,916,000 | 1,925,000 | 1,868,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,120,000 | 46,234,000 | 68,923,000 | 78,545,000 |
| Interest-bearing deposits | 29,750,000 | 40,439,000 | 62,892,000 | 72,825,000 |
| Noninterest-bearing deposits | 3,370,000 | 5,795,000 | 6,032,000 | 5,720,000 |
| Equity capital | 6,657,000 | 6,324,000 | 6,242,000 | 9,467,000 |
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 | 384,000 | 995,000 | 1,876,000 | 3,018,000 |
| Interest expense | 100,000 | 267,000 | 554,000 | 976,000 |
| Net interest income | 284,000 | 728,000 | 1,322,000 | 2,042,000 |
| Noninterest income | 68,000 | 176,000 | 286,000 | 462,000 |
| Noninterest expense | 567,000 | 1,199,000 | 1,875,000 | 2,693,000 |
| Provision for loan losses | 146,000 | 319,000 | 476,000 | 603,000 |
| Pretax income | -361,000 | -614,000 | -743,000 | -796,000 |
| Income tax | 0 | 0 | 0 | -780,000 |
| Net income | -361,000 | -614,000 | -743,000 | -16,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,637,000 | 6,380,000 | 6,252,000 | 9,486,000 |
| Total capital | 6,991,000 | 6,905,000 | 6,932,000 | 10,294,000 |
| Risk-weighted assets | 32,643,000 | 46,167,000 | 58,432,000 | 69,684,000 |