Call reports 2004
BANK OF VENICE, THE — 2004
What BANK OF VENICE, THE 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 | 28,378,000 | 33,736,000 | 37,250,000 | 41,803,000 |
| Total loans | 19,804,000 | 20,889,000 | 23,559,000 | 28,092,000 |
| Allowance for loan losses | 195,000 | 224,000 | 260,000 | 296,000 |
| Securities available for sale | 1,488,000 | 2,350,000 | 3,799,000 | 4,690,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,483,000 | 27,938,000 | 31,432,000 | 34,024,000 |
| Interest-bearing deposits | 18,613,000 | 23,454,000 | 25,412,000 | 24,937,000 |
| Noninterest-bearing deposits | 3,870,000 | 4,484,000 | 6,020,000 | 9,087,000 |
| Equity capital | 5,854,000 | 5,738,000 | 5,736,000 | 7,720,000 |
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 | 258,000 | 559,000 | 912,000 | 1,341,000 |
| Interest expense | 52,000 | 128,000 | 224,000 | 323,000 |
| Net interest income | 206,000 | 431,000 | 688,000 | 1,018,000 |
| Noninterest income | 13,000 | 24,000 | 40,000 | 62,000 |
| Noninterest expense | 287,000 | 556,000 | 844,000 | 1,139,000 |
| Provision for loan losses | 26,000 | 55,000 | 91,000 | 127,000 |
| Pretax income | -94,000 | -156,000 | -207,000 | -186,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -94,000 | -156,000 | -207,000 | -186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,871,000 | 5,809,000 | 5,758,000 | 7,751,000 |
| Total capital | 6,066,000 | 6,033,000 | 6,018,000 | 8,047,000 |
| Risk-weighted assets | 22,075,000 | 26,328,000 | 28,912,000 | 29,186,000 |