Call reports 2004
SHOREBANK — 2004
What SHOREBANK 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 | 1,403,908,000 | 1,378,675,000 | 1,428,894,000 | 1,475,418,000 |
| Total loans | 852,924,000 | 896,909,000 | 888,999,000 | 919,607,000 |
| Allowance for loan losses | 8,615,000 | 9,002,000 | 8,940,000 | 9,065,000 |
| Securities available for sale | 432,389,000 | 361,332,000 | 421,146,000 | 446,374,000 |
| Securities held to maturity | 31,160,000 | 31,049,000 | 31,187,000 | 31,082,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 930,086,000 | 934,621,000 | 964,671,000 | 1,004,438,000 |
| Interest-bearing deposits | 898,721,000 | 893,730,000 | 922,059,000 | 966,549,000 |
| Noninterest-bearing deposits | 31,365,000 | 40,891,000 | 42,612,000 | 37,889,000 |
| Equity capital | 102,490,000 | 96,158,000 | 103,756,000 | 105,288,000 |
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 | 19,892,000 | 39,987,000 | 60,353,000 | 81,551,000 |
| Interest expense | 7,144,000 | 14,298,000 | 21,905,000 | 30,288,000 |
| Net interest income | 12,748,000 | 25,689,000 | 38,448,000 | 51,263,000 |
| Noninterest income | 1,716,000 | 3,487,000 | 5,522,000 | 7,162,000 |
| Noninterest expense | 8,202,000 | 16,348,000 | 24,313,000 | 32,379,000 |
| Provision for loan losses | 975,000 | 2,200,000 | 3,250,000 | 4,300,000 |
| Pretax income | 5,965,000 | 11,298,000 | 17,098,000 | 22,702,000 |
| Income tax | 2,026,000 | 3,616,000 | 5,196,000 | 7,001,000 |
| Net income | 3,939,000 | 7,682,000 | 11,902,000 | 15,701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 89,909,000 | 92,068,000 | 94,682,000 | 96,898,000 |
| Total capital | 98,524,000 | 101,070,000 | 103,623,000 | 105,963,000 |
| Risk-weighted assets | 935,619,000 | 947,490,000 | 973,829,000 | 1,006,643,000 |