Call reports 2004
AMERICAN EXCHANGE BANK — 2004
What AMERICAN EXCHANGE 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 | 61,298,000 | 60,596,000 | 63,946,000 | 63,154,000 |
| Total loans | 34,161,000 | 34,401,000 | 35,355,000 | 36,072,000 |
| Allowance for loan losses | 430,000 | 290,000 | 311,000 | 423,000 |
| Securities available for sale | 17,474,000 | 15,973,000 | 17,427,000 | 18,792,000 |
| Securities held to maturity | 1,611,000 | 1,475,000 | 1,185,000 | 1,184,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,955,000 | 52,745,000 | 55,604,000 | 54,408,000 |
| Interest-bearing deposits | 45,420,000 | 45,223,000 | 48,164,000 | 47,110,000 |
| Noninterest-bearing deposits | 7,535,000 | 7,522,000 | 7,440,000 | 7,298,000 |
| Equity capital | 7,482,000 | 7,171,000 | 7,504,000 | 6,951,000 |
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 | 828,000 | 1,629,000 | 2,463,000 | 3,324,000 |
| Interest expense | 162,000 | 319,000 | 491,000 | 676,000 |
| Net interest income | 666,000 | 1,310,000 | 1,972,000 | 2,648,000 |
| Noninterest income | 129,000 | 293,000 | 437,000 | 568,000 |
| Noninterest expense | 546,000 | 1,059,000 | 1,577,000 | 2,216,000 |
| Provision for loan losses | 25,000 | 120,000 | 270,000 | 420,000 |
| Pretax income | 224,000 | 446,000 | 583,000 | 602,000 |
| Income tax | 17,000 | 39,000 | 62,000 | 76,000 |
| Net income | 207,000 | 407,000 | 521,000 | 526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,038,000 | 7,155,000 | 7,268,000 | 6,775,000 |
| Total capital | 7,468,000 | 7,445,000 | 7,579,000 | 7,198,000 |
| Risk-weighted assets | 45,002,000 | 44,739,000 | 45,862,000 | 45,685,000 |