Call reports 2004
UNIVERSITY BANK — 2004
What UNIVERSITY 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 | 43,953,000 | 45,696,000 | 49,017,000 | 50,674,000 |
| Total loans | 36,575,000 | 38,847,000 | 41,723,000 | 43,846,000 |
| Allowance for loan losses | 522,000 | 471,000 | 454,000 | 353,000 |
| Securities available for sale | 1,553,000 | 1,320,000 | 1,218,000 | 1,107,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,663,000 | 40,458,000 | 42,862,000 | 44,582,000 |
| Interest-bearing deposits | 36,475,000 | 36,285,000 | 39,402,000 | 41,541,000 |
| Noninterest-bearing deposits | 1,187,000 | 4,173,000 | 3,460,000 | 3,041,000 |
| Equity capital | 3,403,000 | 3,292,000 | 3,119,000 | 2,880,000 |
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 | 636,000 | 1,280,000 | 2,001,000 | 2,749,000 |
| Interest expense | 185,000 | 368,000 | 564,000 | 779,000 |
| Net interest income | 451,000 | 912,000 | 1,437,000 | 1,970,000 |
| Noninterest income | 750,000 | 1,772,000 | 2,497,000 | 3,249,000 |
| Noninterest expense | 1,346,000 | 2,865,000 | 4,266,000 | 5,842,000 |
| Provision for loan losses | 23,000 | 45,000 | 18,000 | -87,000 |
| Pretax income | -168,000 | -226,000 | -350,000 | -536,000 |
| Income tax | 0 | 0 | 80,000 | 80,000 |
| Net income | -168,000 | -226,000 | -430,000 | -616,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,580,000 | 3,521,000 | 3,385,000 | 3,158,000 |
| Total capital | 3,993,000 | 3,955,000 | 3,837,000 | 3,511,000 |
| Risk-weighted assets | 32,939,000 | 34,702,000 | 36,456,000 | 37,040,000 |