Call reports 2004
ALTERRA BANK — 2004
What ALTERRA 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 | 54,641,000 | 54,087,000 | 57,758,000 | 58,726,000 |
| Total loans | 38,441,000 | 41,147,000 | 42,652,000 | 45,739,000 |
| Allowance for loan losses | 514,000 | 466,000 | 569,000 | 567,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,723,000 | 4,688,000 | 4,684,000 | 5,405,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,919,000 | 43,296,000 | 46,818,000 | 47,198,000 |
| Interest-bearing deposits | 43,258,000 | 39,289,000 | 42,178,000 | 41,886,000 |
| Noninterest-bearing deposits | 3,661,000 | 4,007,000 | 4,640,000 | 5,312,000 |
| Equity capital | 7,402,000 | 7,492,000 | 7,693,000 | 7,955,000 |
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 | 710,000 | 1,396,000 | 2,162,000 | 3,004,000 |
| Interest expense | 220,000 | 450,000 | 681,000 | 949,000 |
| Net interest income | 490,000 | 946,000 | 1,481,000 | 2,055,000 |
| Noninterest income | 719,000 | 806,000 | 908,000 | 1,023,000 |
| Noninterest expense | 473,000 | 908,000 | 1,338,000 | 1,765,000 |
| Provision for loan losses | 18,000 | 36,000 | 42,000 | 42,000 |
| Pretax income | 718,000 | 808,000 | 1,009,000 | 1,271,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 718,000 | 808,000 | 1,009,000 | 1,271,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,178,000 | 5,269,000 | 5,471,000 | 5,734,000 |
| Total capital | 5,679,000 | 5,735,000 | 6,007,000 | 6,301,000 |
| Risk-weighted assets | 40,098,000 | 43,185,000 | 42,900,000 | 45,826,000 |