Call reports 2004
FIRST SERVICE BANK — 2004
What FIRST SERVICE 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 | 109,522,000 | 113,769,000 | 117,965,000 | 119,242,000 |
| Total loans | 85,676,000 | 89,473,000 | 93,651,000 | 95,954,000 |
| Allowance for loan losses | 1,371,000 | 1,466,000 | 1,591,000 | 1,646,000 |
| Securities available for sale | 12,311,000 | 10,941,000 | 10,114,000 | 9,498,000 |
| Securities held to maturity | 3,218,000 | 3,608,000 | 3,593,000 | 3,479,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 94,830,000 | 97,897,000 | 104,065,000 | 105,015,000 |
| Interest-bearing deposits | 81,966,000 | 83,914,000 | 90,848,000 | 88,542,000 |
| Noninterest-bearing deposits | 12,864,000 | 13,984,000 | 13,217,000 | 16,473,000 |
| Equity capital | 9,014,000 | 9,172,000 | 9,663,000 | 10,015,000 |
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 | 1,685,000 | 3,379,000 | 5,176,000 | 7,037,000 |
| Interest expense | 343,000 | 724,000 | 1,121,000 | 1,553,000 |
| Net interest income | 1,342,000 | 2,655,000 | 4,055,000 | 5,484,000 |
| Noninterest income | 333,000 | 686,000 | 1,067,000 | 1,445,000 |
| Noninterest expense | 1,013,000 | 2,059,000 | 3,108,000 | 4,294,000 |
| Provision for loan losses | 139,000 | 278,000 | 431,000 | 585,000 |
| Pretax income | 530,000 | 1,011,000 | 1,590,000 | 2,057,000 |
| Income tax | 206,000 | 398,000 | 630,000 | 725,000 |
| Net income | 324,000 | 613,000 | 960,000 | 1,332,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,088,000 | 9,377,000 | 9,724,000 | 10,096,000 |
| Total capital | 10,111,000 | 10,464,000 | 10,852,000 | 11,252,000 |
| Risk-weighted assets | 81,530,000 | 86,594,000 | 89,765,000 | 92,043,000 |