Call reports 2004
SECURITY EXCHANGE BANK — 2004
What SECURITY EXCHANGE 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 | 85,298,000 | 84,455,000 | 96,707,000 | 102,986,000 |
| Total loans | 51,097,000 | 55,868,000 | 61,392,000 | 68,357,000 |
| Allowance for loan losses | 754,000 | 757,000 | 781,000 | 761,000 |
| Securities available for sale | 21,761,000 | 25,544,000 | 24,533,000 | 22,045,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,969,000 | 75,643,000 | 86,926,000 | 93,066,000 |
| Interest-bearing deposits | 69,999,000 | 69,517,000 | 83,582,000 | 90,176,000 |
| Noninterest-bearing deposits | 5,970,000 | 6,126,000 | 3,344,000 | 2,890,000 |
| Equity capital | 9,034,000 | 8,575,000 | 9,452,000 | 9,671,000 |
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 | 1,095,000 | 2,323,000 | 3,655,000 | 5,124,000 |
| Interest expense | 330,000 | 704,000 | 1,129,000 | 1,626,000 |
| Net interest income | 765,000 | 1,619,000 | 2,526,000 | 3,498,000 |
| Noninterest income | 40,000 | 76,000 | 98,000 | 123,000 |
| Noninterest expense | 426,000 | 848,000 | 1,343,000 | 1,865,000 |
| Provision for loan losses | 60,000 | 71,000 | 94,000 | 241,000 |
| Pretax income | 320,000 | 777,000 | 1,188,000 | 1,516,000 |
| Income tax | 114,000 | 279,000 | 427,000 | 543,000 |
| Net income | 206,000 | 498,000 | 761,000 | 973,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,014,000 | 9,306,000 | 9,570,000 | 9,782,000 |
| Total capital | 9,768,000 | 10,063,000 | 10,351,000 | 10,543,000 |
| Risk-weighted assets | 62,635,000 | 66,042,000 | 72,871,000 | 80,063,000 |