Call reports 2004
TRADITIONS BANK — 2004
What TRADITIONS 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 | 33,721,000 | 46,059,000 | 54,887,000 | 60,258,000 |
| Total loans | 23,105,000 | 30,850,000 | 35,879,000 | 40,108,000 |
| Allowance for loan losses | 287,000 | 369,000 | 433,000 | 482,000 |
| Securities available for sale | 7,078,000 | 9,249,000 | 12,025,000 | 11,148,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,475,000 | 37,888,000 | 46,614,000 | 51,979,000 |
| Interest-bearing deposits | 22,952,000 | 34,862,000 | 42,827,000 | 48,090,000 |
| Noninterest-bearing deposits | 2,523,000 | 3,026,000 | 3,787,000 | 3,889,000 |
| Equity capital | 8,182,000 | 8,082,000 | 8,194,000 | 8,198,000 |
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 | 421,000 | 1,003,000 | 1,726,000 | 2,523,000 |
| Interest expense | 98,000 | 257,000 | 501,000 | 782,000 |
| Net interest income | 323,000 | 746,000 | 1,225,000 | 1,741,000 |
| Noninterest income | 22,000 | 64,000 | 113,000 | 177,000 |
| Noninterest expense | 373,000 | 716,000 | 1,117,000 | 1,588,000 |
| Provision for loan losses | 90,000 | 172,000 | 236,000 | 312,000 |
| Pretax income | -118,000 | -78,000 | -15,000 | 18,000 |
| Income tax | -45,000 | -31,000 | -5,000 | 0 |
| Net income | -73,000 | -47,000 | -10,000 | 18,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,982,000 | 7,938,000 | 8,051,000 | 8,068,000 |
| Total capital | 8,269,000 | 8,307,000 | 8,484,000 | 8,550,000 |
| Risk-weighted assets | 24,257,000 | 32,812,000 | 37,414,000 | 42,066,000 |