Call reports 2004
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2004
What BEACON BUSINESS 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 | 143,880,000 | 147,831,000 | 145,948,000 | 151,551,000 |
| Total loans | 102,708,000 | 106,289,000 | 104,696,000 | 111,512,000 |
| Allowance for loan losses | 1,107,000 | 1,107,000 | 1,163,000 | 1,251,000 |
| Securities available for sale | 30,596,000 | 30,551,000 | 31,581,000 | 31,057,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 109,745,000 | 116,924,000 | 106,347,000 | 117,959,000 |
| Interest-bearing deposits | 89,810,000 | 96,452,000 | 85,067,000 | 97,187,000 |
| Noninterest-bearing deposits | 19,935,000 | 20,472,000 | 21,280,000 | 20,772,000 |
| Equity capital | 15,225,000 | 14,466,000 | 15,515,000 | 15,189,000 |
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 | 1,721,000 | 3,510,000 | 5,442,000 | 7,483,000 |
| Interest expense | 380,000 | 757,000 | 1,187,000 | 1,670,000 |
| Net interest income | 1,341,000 | 2,753,000 | 4,255,000 | 5,813,000 |
| Noninterest income | 224,000 | 477,000 | 706,000 | 901,000 |
| Noninterest expense | 1,144,000 | 2,315,000 | 3,542,000 | 4,673,000 |
| Provision for loan losses | 0 | 0 | 55,000 | 335,000 |
| Pretax income | 421,000 | 923,000 | 1,383,000 | 1,725,000 |
| Income tax | 3,000 | 8,000 | 14,000 | 20,000 |
| Net income | 418,000 | 915,000 | 1,369,000 | 1,705,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,810,000 | 12,107,000 | 12,361,000 | 12,197,000 |
| Total capital | 12,917,000 | 13,214,000 | 13,524,000 | 13,448,000 |
| Risk-weighted assets | 114,627,000 | 118,981,000 | 117,895,000 | 120,006,000 |