Call reports 2004
BANK OF THE FEDERATED STATES OF MICRONESIA — 2004
What BANK OF THE FEDERATED STATES OF MICRONESIA 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 | 85,057,000 | 85,802,000 | 79,912,000 | 79,266,000 |
| Total loans | 14,426,000 | 13,746,000 | 15,225,000 | 17,140,000 |
| Allowance for loan losses | 1,213,000 | 1,254,000 | 1,295,000 | 1,367,000 |
| Securities available for sale | 54,991,000 | 56,803,000 | 56,543,000 | 53,161,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,761,000 | 73,648,000 | 67,058,000 | 66,404,000 |
| Interest-bearing deposits | 54,456,000 | 52,456,000 | 50,075,000 | 48,571,000 |
| Noninterest-bearing deposits | 17,305,000 | 21,192,000 | 16,983,000 | 17,833,000 |
| Equity capital | 12,891,000 | 11,765,000 | 12,367,000 | 12,248,000 |
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 | 764,000 | 1,494,000 | 2,275,000 | 3,216,000 |
| Interest expense | 139,000 | 273,000 | 415,000 | 545,000 |
| Net interest income | 625,000 | 1,221,000 | 1,860,000 | 2,671,000 |
| Noninterest income | 215,000 | 410,000 | 649,000 | 794,000 |
| Noninterest expense | 619,000 | 1,277,000 | 2,027,000 | 2,840,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 221,000 | 354,000 | 482,000 | 618,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 221,000 | 354,000 | 482,000 | 618,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,162,000 | 12,295,000 | 12,424,000 | 12,558,000 |
| Total capital | 12,548,000 | 12,675,000 | 12,805,000 | 12,960,000 |
| Risk-weighted assets | 30,074,000 | 29,526,000 | 29,698,000 | 31,205,000 |