Call reports 2004
BANKFIRST — 2004
What BANKFIRST 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 | 704,779,000 | 683,637,000 | 654,105,000 | 640,135,000 |
| Total loans | 401,714,000 | 372,443,000 | 351,541,000 | 327,361,000 |
| Allowance for loan losses | 458,000 | 457,000 | 471,000 | 624,000 |
| Securities available for sale | 228,186,000 | 243,216,000 | 237,704,000 | 237,248,000 |
| Securities held to maturity | 155,000 | 155,000 | 155,000 | 0 |
| Trading assets | -89,000 | 0 | 0 | 0 |
| Total deposits | 515,296,000 | 486,399,000 | 442,568,000 | 420,715,000 |
| Interest-bearing deposits | 472,909,000 | 438,724,000 | 388,058,000 | 352,854,000 |
| Noninterest-bearing deposits | 42,387,000 | 47,675,000 | 54,510,000 | 67,861,000 |
| Equity capital | 169,074,000 | 180,840,000 | 193,160,000 | 199,520,000 |
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 | 36,064,000 | 64,240,000 | 93,211,000 | 120,474,000 |
| Interest expense | 3,669,000 | 7,138,000 | 10,310,000 | 13,211,000 |
| Net interest income | 32,395,000 | 57,102,000 | 82,901,000 | 107,263,000 |
| Noninterest income | 11,945,000 | 23,374,000 | 34,392,000 | 44,513,000 |
| Noninterest expense | 20,323,000 | 37,986,000 | 55,016,000 | 79,222,000 |
| Provision for loan losses | 337,000 | 367,000 | 423,000 | 692,000 |
| Pretax income | 23,234,000 | 41,677,000 | 61,408,000 | 71,418,000 |
| Income tax | 8,829,000 | 15,838,000 | 23,302,000 | 27,105,000 |
| Net income | 14,405,000 | 25,839,000 | 38,106,000 | 44,313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 169,790,000 | 181,224,000 | 193,491,000 | 199,698,000 |
| Total capital | 170,248,000 | 181,681,000 | 193,962,000 | 200,322,000 |
| Risk-weighted assets | 498,452,000 | 459,128,000 | 434,638,000 | 411,654,000 |