Call reports 2004
FIRST NATIONAL BANK OF SAINT IGNACE, THE — 2004
What FIRST NATIONAL BANK OF SAINT IGNACE, THE 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 | 193,818,000 | 192,686,000 | 205,542,000 | 190,338,000 |
| Total loans | 102,687,000 | 105,678,000 | 105,265,000 | 103,956,000 |
| Allowance for loan losses | 1,113,000 | 1,139,000 | 1,155,000 | 1,179,000 |
| Securities available for sale | 72,596,000 | 62,600,000 | 73,033,000 | 70,761,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,726,000 | 170,699,000 | 183,003,000 | 167,749,000 |
| Interest-bearing deposits | 146,709,000 | 144,737,000 | 152,803,000 | 143,174,000 |
| Noninterest-bearing deposits | 24,017,000 | 25,962,000 | 30,200,000 | 24,575,000 |
| Equity capital | 20,603,000 | 19,677,000 | 20,363,000 | 20,304,000 |
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 | 2,331,000 | 4,629,000 | 6,955,000 | 9,377,000 |
| Interest expense | 607,000 | 1,225,000 | 1,899,000 | 2,602,000 |
| Net interest income | 1,724,000 | 3,404,000 | 5,056,000 | 6,775,000 |
| Noninterest income | 145,000 | 304,000 | 429,000 | 539,000 |
| Noninterest expense | 1,186,000 | 2,377,000 | 3,747,000 | 5,022,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 125,000 |
| Pretax income | 653,000 | 1,290,000 | 1,668,000 | 2,189,000 |
| Income tax | 164,000 | 333,000 | 396,000 | 456,000 |
| Net income | 489,000 | 957,000 | 1,272,000 | 1,733,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,571,000 | 19,815,000 | 19,911,000 | 20,154,000 |
| Total capital | 20,684,000 | 20,954,000 | 21,066,000 | 21,333,000 |
| Risk-weighted assets | 146,077,000 | 149,422,000 | 154,765,000 | 118,343,000 |