Call reports 2004
FIDELITY & TRUST BANK — 2004
What FIDELITY & TRUST 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 | 109,976,000 | 137,233,000 | 204,757,000 | 205,251,000 |
| Total loans | 89,697,000 | 113,691,000 | 159,418,000 | 176,273,000 |
| Allowance for loan losses | 27,000 | 262,000 | 567,000 | 882,000 |
| Securities available for sale | 0 | 1,989,000 | 1,999,000 | 1,988,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,159,000 | 47,221,000 | 93,712,000 | 109,982,000 |
| Interest-bearing deposits | 25,392,000 | 41,700,000 | 84,351,000 | 98,424,000 |
| Noninterest-bearing deposits | 2,767,000 | 5,521,000 | 9,361,000 | 11,558,000 |
| Equity capital | 13,536,000 | 13,064,000 | 15,498,000 | 15,661,000 |
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 | 670,000 | 2,675,000 | 4,942,000 | 6,789,000 |
| Interest expense | 367,000 | 1,063,000 | 2,196,000 | 3,626,000 |
| Net interest income | 303,000 | 1,612,000 | 2,746,000 | 3,163,000 |
| Noninterest income | 6,588,000 | 11,617,000 | 19,230,000 | 28,576,000 |
| Noninterest expense | 7,071,000 | 13,694,000 | 22,407,000 | 32,915,000 |
| Provision for loan losses | 24,000 | 293,000 | 595,000 | 955,000 |
| Pretax income | -204,000 | -758,000 | -1,026,000 | -2,131,000 |
| Income tax | -69,000 | -152,000 | -349,000 | -725,000 |
| Net income | -135,000 | -606,000 | -677,000 | -1,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,532,000 | 13,061,000 | 15,490,000 | 15,661,000 |
| Total capital | 13,728,000 | 13,373,000 | 16,107,000 | 16,595,000 |
| Risk-weighted assets | 52,876,000 | 70,524,000 | 110,205,000 | 127,593,000 |