Call reports 2004
FLAGSHIP NATIONAL BANK — 2004
What FLAGSHIP NATIONAL 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 | 102,934,000 | 113,867,000 | 112,350,000 | 128,805,000 |
| Total loans | 78,628,000 | 80,839,000 | 85,821,000 | 87,924,000 |
| Allowance for loan losses | 776,000 | 813,000 | 884,000 | 900,000 |
| Securities available for sale | 10,849,000 | 19,801,000 | 16,363,000 | 19,606,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,570,000 | 105,562,000 | 102,367,000 | 119,390,000 |
| Interest-bearing deposits | 84,826,000 | 93,039,000 | 91,933,000 | 100,424,000 |
| Noninterest-bearing deposits | 9,743,000 | 12,523,000 | 10,434,000 | 18,966,000 |
| Equity capital | 6,663,000 | 6,551,000 | 7,174,000 | 7,462,000 |
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 | 1,256,000 | 2,600,000 | 4,058,000 | 5,648,000 |
| Interest expense | 472,000 | 992,000 | 1,517,000 | 2,117,000 |
| Net interest income | 784,000 | 1,608,000 | 2,541,000 | 3,531,000 |
| Noninterest income | 63,000 | 101,000 | 88,000 | 264,000 |
| Noninterest expense | 592,000 | 1,191,000 | 1,764,000 | 2,507,000 |
| Provision for loan losses | 118,000 | 158,000 | 230,000 | 256,000 |
| Pretax income | 137,000 | 360,000 | 638,000 | 1,035,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 137,000 | 360,000 | 638,000 | 1,035,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,559,000 | 6,783,000 | 7,060,000 | 7,457,000 |
| Total capital | 7,335,000 | 7,596,000 | 7,944,000 | 8,357,000 |
| Risk-weighted assets | 79,440,000 | 82,696,000 | 87,182,000 | 91,767,000 |