Call reports 2004
MIRAE BANK — 2004
What MIRAE 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 | 78,661,000 | 90,242,000 | 102,864,000 | 111,723,000 |
| Total loans | 56,674,000 | 59,513,000 | 62,521,000 | 69,350,000 |
| Allowance for loan losses | 705,000 | 759,000 | 986,000 | 1,180,000 |
| Securities available for sale | 6,129,000 | 6,621,000 | 11,348,000 | 17,771,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,536,000 | 74,578,000 | 86,384,000 | 94,594,000 |
| Interest-bearing deposits | 43,935,000 | 53,373,000 | 63,523,000 | 70,995,000 |
| Noninterest-bearing deposits | 19,601,000 | 21,205,000 | 22,861,000 | 23,599,000 |
| Equity capital | 14,967,000 | 15,458,000 | 16,175,000 | 16,382,000 |
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 | 934,000 | 1,902,000 | 3,032,000 | 4,365,000 |
| Interest expense | 193,000 | 429,000 | 714,000 | 1,100,000 |
| Net interest income | 741,000 | 1,473,000 | 2,318,000 | 3,265,000 |
| Noninterest income | 497,000 | 1,051,000 | 1,835,000 | 3,060,000 |
| Noninterest expense | 1,024,000 | 1,925,000 | 3,063,000 | 4,689,000 |
| Provision for loan losses | 132,000 | 333,000 | 593,000 | 787,000 |
| Pretax income | 92,000 | 276,000 | 507,000 | 859,000 |
| Income tax | 39,000 | 116,000 | 212,000 | 338,000 |
| Net income | 53,000 | 160,000 | 295,000 | 521,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,183,000 | 15,217,000 | 16,131,000 | 16,372,000 |
| Total capital | 14,888,000 | 15,976,000 | 17,018,000 | 17,318,000 |
| Risk-weighted assets | 59,906,000 | 64,080,000 | 70,859,000 | 75,452,000 |