Call reports 2004
PINELAND STATE BANK — 2004
What PINELAND STATE 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 | 60,413,000 | 61,534,000 | 61,034,000 | 62,029,000 |
| Total loans | 42,620,000 | 44,092,000 | 44,483,000 | 43,807,000 |
| Allowance for loan losses | 963,000 | 918,000 | 1,004,000 | 923,000 |
| Securities available for sale | 6,918,000 | 7,091,000 | 6,865,000 | 6,315,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,117,000 | 54,359,000 | 53,592,000 | 52,183,000 |
| Interest-bearing deposits | 46,452,000 | 46,854,000 | 47,853,000 | 46,382,000 |
| Noninterest-bearing deposits | 6,665,000 | 7,505,000 | 5,739,000 | 5,801,000 |
| Equity capital | 6,835,000 | 6,835,000 | 7,044,000 | 7,017,000 |
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 | 886,000 | 1,755,000 | 2,632,000 | 3,519,000 |
| Interest expense | 202,000 | 401,000 | 602,000 | 807,000 |
| Net interest income | 684,000 | 1,354,000 | 2,030,000 | 2,712,000 |
| Noninterest income | 149,000 | 285,000 | 433,000 | 539,000 |
| Noninterest expense | 579,000 | 1,178,000 | 1,761,000 | 2,375,000 |
| Provision for loan losses | 80,000 | 138,000 | 138,000 | 124,000 |
| Pretax income | 174,000 | 323,000 | 564,000 | 752,000 |
| Income tax | 61,000 | 113,000 | 198,000 | 246,000 |
| Net income | 113,000 | 210,000 | 366,000 | 506,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,649,000 | 5,792,000 | 5,994,000 | 6,020,000 |
| Total capital | 6,223,000 | 6,384,000 | 6,587,000 | 6,606,000 |
| Risk-weighted assets | 45,544,000 | 47,072,000 | 47,008,000 | 46,535,000 |