Call reports 2004
FIRST PIEDMONT BANK — 2004
What FIRST PIEDMONT 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 | 72,560,000 | 77,766,000 | 81,516,000 | 81,890,000 |
| Total loans | 58,660,000 | 63,747,000 | 65,797,000 | 66,014,000 |
| Allowance for loan losses | 797,000 | 840,000 | 864,000 | 954,000 |
| Securities available for sale | 10,519,000 | 10,147,000 | 10,483,000 | 10,203,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,074,000 | 67,395,000 | 70,652,000 | 70,879,000 |
| Interest-bearing deposits | 56,123,000 | 61,320,000 | 64,831,000 | 65,500,000 |
| Noninterest-bearing deposits | 5,952,000 | 6,075,000 | 5,822,000 | 5,379,000 |
| Equity capital | 9,240,000 | 9,254,000 | 9,677,000 | 9,829,000 |
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 | 1,029,000 | 2,107,000 | 3,207,000 | 4,345,000 |
| Interest expense | 272,000 | 569,000 | 897,000 | 1,251,000 |
| Net interest income | 757,000 | 1,538,000 | 2,310,000 | 3,094,000 |
| Noninterest income | 61,000 | 111,000 | 146,000 | 227,000 |
| Noninterest expense | 458,000 | 956,000 | 1,397,000 | 1,862,000 |
| Provision for loan losses | 15,000 | 58,000 | 103,000 | 193,000 |
| Pretax income | 353,000 | 643,000 | 964,000 | 1,274,000 |
| Income tax | 122,000 | 223,000 | 334,000 | 440,000 |
| Net income | 231,000 | 420,000 | 630,000 | 834,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,122,000 | 9,311,000 | 9,640,000 | 9,854,000 |
| Total capital | 9,869,000 | 10,151,000 | 10,504,000 | 10,738,000 |
| Risk-weighted assets | 59,723,000 | 68,776,000 | 72,178,000 | 70,641,000 |