Call reports 2004
FIRST NATIONAL BANK, CORTEZ — 2004
What FIRST NATIONAL BANK, CORTEZ 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 | 72,101,000 | 69,726,000 | 72,373,000 | 70,574,000 |
| Total loans | 17,656,000 | 17,144,000 | 17,038,000 | 16,494,000 |
| Allowance for loan losses | 401,000 | 399,000 | 398,000 | 372,000 |
| Securities available for sale | 47,443,000 | 47,651,000 | 49,860,000 | 49,016,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,665,000 | 59,389,000 | 61,093,000 | 59,987,000 |
| Interest-bearing deposits | 47,700,000 | 45,910,000 | 46,199,000 | 44,486,000 |
| Noninterest-bearing deposits | 12,965,000 | 13,479,000 | 14,894,000 | 15,501,000 |
| Equity capital | 7,168,000 | 6,437,000 | 7,183,000 | 6,662,000 |
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 | 819,000 | 1,614,000 | 2,534,000 | 3,365,000 |
| Interest expense | 198,000 | 387,000 | 584,000 | 777,000 |
| Net interest income | 621,000 | 1,227,000 | 1,950,000 | 2,588,000 |
| Noninterest income | 108,000 | 235,000 | 360,000 | 477,000 |
| Noninterest expense | 595,000 | 1,176,000 | 1,742,000 | 2,322,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 193,000 | 360,000 | 642,000 | 809,000 |
| Income tax | 34,000 | 58,000 | 121,000 | 142,000 |
| Net income | 159,000 | 302,000 | 521,000 | 667,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,558,000 | 6,482,000 | 6,706,000 | 6,260,000 |
| Total capital | 6,946,000 | 6,857,000 | 7,096,000 | 6,632,000 |
| Risk-weighted assets | 31,013,000 | 29,948,000 | 31,226,000 | 30,324,000 |