Call reports 2004
AMERICAN ENTERPRISE BANK OF FLORIDA — 2004
What AMERICAN ENTERPRISE BANK OF FLORIDA 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 | 15,485,000 | 29,592,000 | 44,961,000 | 54,072,000 |
| Total loans | 2,190,000 | 17,285,000 | 34,893,000 | 49,583,000 |
| Allowance for loan losses | 22,000 | 173,000 | 349,000 | 496,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,207,000 | 22,026,000 | 37,779,000 | 46,401,000 |
| Interest-bearing deposits | 6,502,000 | 16,595,000 | 32,097,000 | 39,562,000 |
| Noninterest-bearing deposits | 705,000 | 5,431,000 | 5,682,000 | 6,839,000 |
| Equity capital | 8,252,000 | 7,450,000 | 6,867,000 | 6,330,000 |
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 | 22,000 | 158,000 | 533,000 | 1,139,000 |
| Interest expense | 10,000 | 61,000 | 215,000 | 439,000 |
| Net interest income | 12,000 | 97,000 | 318,000 | 700,000 |
| Noninterest income | 0 | 7,000 | 26,000 | 79,000 |
| Noninterest expense | 554,000 | 1,297,000 | 1,944,000 | 2,769,000 |
| Provision for loan losses | 22,000 | 173,000 | 349,000 | 496,000 |
| Pretax income | -564,000 | -1,366,000 | -1,949,000 | -2,486,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -564,000 | -1,366,000 | -1,949,000 | -2,486,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,252,000 | 7,450,000 | 6,867,000 | 6,330,000 |
| Total capital | 8,274,000 | 7,623,000 | 7,216,000 | 6,826,000 |
| Risk-weighted assets | 5,913,000 | 23,259,000 | 40,063,000 | 50,868,000 |