Call reports 2004
FIRST STATE BANK OF MIDDLEBURY — 2004
What FIRST STATE BANK OF MIDDLEBURY 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 | 277,858,000 | 286,245,000 | 290,306,000 | 293,698,000 |
| Total loans | 203,299,000 | 204,561,000 | 212,492,000 | 213,327,000 |
| Allowance for loan losses | 1,828,000 | 1,906,000 | 1,922,000 | 2,031,000 |
| Securities available for sale | 35,239,000 | 35,578,000 | 36,931,000 | 36,524,000 |
| Securities held to maturity | 21,837,000 | 21,876,000 | 22,339,000 | 22,079,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,276,000 | 217,436,000 | 216,198,000 | 221,311,000 |
| Interest-bearing deposits | 183,763,000 | 187,685,000 | 186,826,000 | 190,532,000 |
| Noninterest-bearing deposits | 26,513,000 | 29,751,000 | 29,373,000 | 30,779,000 |
| Equity capital | 23,341,000 | 23,523,000 | 24,778,000 | 25,541,000 |
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 | 3,662,000 | 7,350,000 | 11,137,000 | 15,131,000 |
| Interest expense | 1,115,000 | 2,209,000 | 3,348,000 | 4,526,000 |
| Net interest income | 2,547,000 | 5,141,000 | 7,789,000 | 10,605,000 |
| Noninterest income | 469,000 | 1,033,000 | 1,659,000 | 2,252,000 |
| Noninterest expense | 1,883,000 | 3,871,000 | 5,876,000 | 7,940,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 390,000 |
| Pretax income | 1,044,000 | 2,130,000 | 3,316,000 | 4,541,000 |
| Income tax | 299,000 | 611,000 | 956,000 | 1,314,000 |
| Net income | 745,000 | 1,519,000 | 2,360,000 | 3,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,062,000 | 23,837,000 | 24,677,000 | 25,545,000 |
| Total capital | 24,890,000 | 25,743,000 | 26,599,000 | 27,576,000 |
| Risk-weighted assets | 190,816,000 | 191,681,000 | 198,240,000 | 200,790,000 |