Call reports 2005
BANK OF THE FEDERATED STATES OF MICRONESIA — 2005
What BANK OF THE FEDERATED STATES OF MICRONESIA reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 74,833,000 | 80,028,000 | 78,147,000 | 81,427,000 |
| Total loans | 17,063,000 | 18,581,000 | 20,216,000 | 23,363,000 |
| Allowance for loan losses | 1,401,000 | 1,430,000 | 1,452,000 | 1,431,000 |
| Securities available for sale | 49,177,000 | 49,424,000 | 44,205,000 | 42,040,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,334,000 | 67,169,000 | 65,193,000 | 68,315,000 |
| Interest-bearing deposits | 45,332,000 | 48,319,000 | 46,383,000 | 46,823,000 |
| Noninterest-bearing deposits | 17,002,000 | 18,850,000 | 18,810,000 | 21,492,000 |
| Equity capital | 11,942,000 | 12,231,000 | 12,225,000 | 12,468,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 872,000 | 1,778,000 | 2,776,000 | 3,817,000 |
| Interest expense | 126,000 | 265,000 | 415,000 | 566,000 |
| Net interest income | 746,000 | 1,513,000 | 2,361,000 | 3,251,000 |
| Noninterest income | 177,000 | 348,000 | 511,000 | 686,000 |
| Noninterest expense | 707,000 | 1,448,000 | 2,239,000 | 2,987,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 201,000 | 401,000 | 621,000 | 938,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 201,000 | 401,000 | 621,000 | 938,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,760,000 | 12,661,000 | 12,880,000 | 11,738,000 |
| Total capital | 13,151,000 | 13,073,000 | 13,306,000 | 12,109,000 |
| Risk-weighted assets | 30,244,000 | 31,976,000 | 33,048,000 | 28,587,000 |