Call reports 2004
MEDALLION BANK — 2004
What MEDALLION 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 | 94,085,000 | 193,292,000 | 202,169,000 | 221,227,000 |
| Total loans | 73,535,000 | 171,184,000 | 170,401,000 | 188,788,000 |
| Allowance for loan losses | 32,000 | 4,097,000 | 4,006,000 | 4,106,000 |
| Securities available for sale | 3,227,000 | 6,191,000 | 15,408,000 | 14,599,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,344,000 | 160,348,000 | 166,902,000 | 185,221,000 |
| Interest-bearing deposits | 72,344,000 | 160,348,000 | 166,902,000 | 185,221,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 21,016,000 | 30,311,000 | 31,277,000 | 33,443,000 |
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 | 901,000 | 5,439,000 | 9,858,000 | 14,370,000 |
| Interest expense | 298,000 | 1,037,000 | 2,080,000 | 3,245,000 |
| Net interest income | 603,000 | 4,402,000 | 7,778,000 | 11,125,000 |
| Noninterest income | 1,000 | -11,000 | 7,000 | -76,000 |
| Noninterest expense | 629,000 | 1,610,000 | 2,767,000 | 3,869,000 |
| Provision for loan losses | 32,000 | 379,000 | 1,092,000 | 2,049,000 |
| Pretax income | -57,000 | 2,402,000 | 3,926,000 | 5,131,000 |
| Income tax | 0 | 863,000 | 1,415,000 | 1,912,000 |
| Net income | -57,000 | 1,539,000 | 2,511,000 | 3,219,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,016,000 | 30,311,000 | 31,277,000 | 33,492,000 |
| Total capital | 21,048,000 | 30,575,000 | 31,668,000 | 35,971,000 |
| Risk-weighted assets | 78,303,000 | 178,798,000 | 178,799,000 | 195,964,000 |