Call reports 2004
SHORE COMMUNITY BANK — 2004
What SHORE COMMUNITY 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 | 101,848,000 | 116,913,000 | 120,265,000 | 125,952,000 |
| Total loans | 69,510,000 | 73,847,000 | 77,710,000 | 85,230,000 |
| Allowance for loan losses | 767,000 | 844,000 | 936,000 | 924,000 |
| Securities available for sale | 24,218,000 | 26,001,000 | 25,304,000 | 24,046,000 |
| Securities held to maturity | 2,226,000 | 8,799,000 | 9,101,000 | 8,929,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,590,000 | 99,245,000 | 101,844,000 | 107,213,000 |
| Interest-bearing deposits | 73,602,000 | 76,924,000 | 80,302,000 | 88,328,000 |
| Noninterest-bearing deposits | 19,988,000 | 22,321,000 | 21,542,000 | 18,885,000 |
| Equity capital | 8,027,000 | 7,729,000 | 8,410,000 | 8,616,000 |
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 | 1,348,000 | 2,793,000 | 4,367,000 | 6,028,000 |
| Interest expense | 336,000 | 750,000 | 1,211,000 | 1,699,000 |
| Net interest income | 1,012,000 | 2,043,000 | 3,156,000 | 4,329,000 |
| Noninterest income | 94,000 | 227,000 | 346,000 | 450,000 |
| Noninterest expense | 782,000 | 1,552,000 | 2,339,000 | 3,104,000 |
| Provision for loan losses | 90,000 | 180,000 | 270,000 | 360,000 |
| Pretax income | 234,000 | 538,000 | 893,000 | 1,315,000 |
| Income tax | 94,000 | 203,000 | 321,000 | 465,000 |
| Net income | 140,000 | 335,000 | 572,000 | 850,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,016,000 | 8,223,000 | 8,459,000 | 8,738,000 |
| Total capital | 8,785,000 | 9,067,000 | 9,395,000 | 9,662,000 |
| Risk-weighted assets | 72,297,000 | 79,718,000 | 83,966,000 | 90,086,000 |