Call reports 2004
FOUNDATION BANK — 2004
What FOUNDATION 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 | 90,556,000 | 85,651,000 | 87,323,000 | 86,253,000 |
| Total loans | 36,658,000 | 37,034,000 | 37,486,000 | 39,915,000 |
| Allowance for loan losses | 3,120,000 | 3,135,000 | 3,158,000 | 3,145,000 |
| Securities available for sale | 8,649,000 | 7,727,000 | 7,640,000 | 7,500,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,535,000 | 75,500,000 | 76,722,000 | 75,629,000 |
| Interest-bearing deposits | 67,925,000 | 64,157,000 | 63,246,000 | 62,264,000 |
| Noninterest-bearing deposits | 12,610,000 | 11,343,000 | 13,476,000 | 13,365,000 |
| Equity capital | 9,368,000 | 9,566,000 | 9,898,000 | 10,136,000 |
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 | 1,199,000 | 2,353,000 | 3,540,000 | 4,790,000 |
| Interest expense | 225,000 | 436,000 | 645,000 | 860,000 |
| Net interest income | 974,000 | 1,917,000 | 2,895,000 | 3,930,000 |
| Noninterest income | 477,000 | 897,000 | 1,260,000 | 1,638,000 |
| Noninterest expense | 851,000 | 1,698,000 | 2,540,000 | 3,517,000 |
| Provision for loan losses | 75,000 | 75,000 | 75,000 | 94,000 |
| Pretax income | 525,000 | 1,040,000 | 1,539,000 | 1,956,000 |
| Income tax | 188,000 | 362,000 | 566,000 | 700,000 |
| Net income | 337,000 | 678,000 | 973,000 | 1,256,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,021,000 | 9,361,000 | 9,656,000 | 9,939,000 |
| Total capital | 9,542,000 | 9,872,000 | 10,175,000 | 10,482,000 |
| Risk-weighted assets | 39,055,000 | 38,244,000 | 38,887,000 | 40,875,000 |