Call reports 2004
RIGGS BANK NATIONAL ASSOCIATION — 2004
What RIGGS BANK NATIONAL ASSOCIATION 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 | 5,872,977,000 | 6,453,328,000 | 5,672,917,000 | 5,826,009,000 |
| Total loans | 3,198,622,000 | 3,089,500,000 | 3,097,571,000 | 3,001,332,000 |
| Allowance for loan losses | 27,783,000 | 25,801,000 | 25,912,000 | 24,717,000 |
| Securities available for sale | 1,815,653,000 | 2,148,690,000 | 1,635,365,000 | 1,568,637,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,793,008,000 | 4,374,122,000 | 3,649,784,000 | 3,791,009,000 |
| Interest-bearing deposits | 2,842,879,000 | 3,077,294,000 | 3,150,538,000 | 3,304,498,000 |
| Noninterest-bearing deposits | 950,129,000 | 1,296,828,000 | 499,246,000 | 486,511,000 |
| Equity capital | 448,117,000 | 389,169,000 | 449,283,000 | 435,491,000 |
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 | 57,557,000 | 110,022,000 | 167,572,000 | 224,000,000 |
| Interest expense | 11,032,000 | 21,391,000 | 36,445,000 | 54,748,000 |
| Net interest income | 46,525,000 | 88,631,000 | 131,127,000 | 169,252,000 |
| Noninterest income | 25,379,000 | 47,945,000 | 74,782,000 | 96,952,000 |
| Noninterest expense | 59,042,000 | 152,337,000 | 225,567,000 | 331,308,000 |
| Provision for loan losses | 0 | 0 | 750,000 | 49,000 |
| Pretax income | 13,088,000 | -15,535,000 | -20,180,000 | -64,925,000 |
| Income tax | 3,955,000 | 837,000 | -3,546,000 | -4,046,000 |
| Net income | 9,133,000 | -19,900,000 | -15,413,000 | -59,209,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 437,421,000 | 407,539,000 | 451,903,000 | 439,388,000 |
| Total capital | 465,271,000 | 433,414,000 | 477,892,000 | 464,256,000 |
| Risk-weighted assets | 3,765,279,000 | 4,046,512,000 | 3,886,846,000 | 3,793,101,000 |