Call reports 2004
HAGERSTOWN TRUST COMPANY — 2004
What HAGERSTOWN TRUST COMPANY 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 | 464,355,000 | 454,203,000 | 458,374,000 | 459,227,000 |
| Total loans | 275,831,000 | 278,716,000 | 298,372,000 | 297,335,000 |
| Allowance for loan losses | 5,458,000 | 5,439,000 | 5,434,000 | 5,356,000 |
| Securities available for sale | 153,961,000 | 132,794,000 | 131,570,000 | 126,840,000 |
| Securities held to maturity | 494,000 | 195,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 390,042,000 | 394,405,000 | 396,831,000 | 397,131,000 |
| Interest-bearing deposits | 318,545,000 | 322,640,000 | 325,380,000 | 327,907,000 |
| Noninterest-bearing deposits | 71,497,000 | 71,765,000 | 71,451,000 | 69,224,000 |
| Equity capital | 30,261,000 | 28,274,000 | 30,000,000 | 29,629,000 |
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 | 5,351,000 | 10,370,000 | 15,538,000 | 20,815,000 |
| Interest expense | 1,269,000 | 2,449,000 | 3,631,000 | 4,866,000 |
| Net interest income | 4,082,000 | 7,921,000 | 11,907,000 | 15,949,000 |
| Noninterest income | 1,302,000 | 2,796,000 | 4,146,000 | 5,797,000 |
| Noninterest expense | 3,543,000 | 6,989,000 | 10,384,000 | 13,801,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,027,000 | 4,040,000 | 5,981,000 | 8,257,000 |
| Income tax | 651,000 | 1,292,000 | 1,983,000 | 2,647,000 |
| Net income | 1,376,000 | 2,748,000 | 3,998,000 | 5,610,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,779,000 | 30,301,000 | 30,700,000 | 30,812,000 |
| Total capital | 33,418,000 | 33,973,000 | 34,509,000 | 34,580,000 |
| Risk-weighted assets | 289,310,000 | 291,888,000 | 303,126,000 | 299,862,000 |