Call reports 2004
1ST CHOICE BANK — 2004
What 1ST CHOICE 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 | 199,289,000 | 206,671,000 | 214,413,000 | 217,335,000 |
| Total loans | 136,693,000 | 144,466,000 | 145,918,000 | 154,173,000 |
| Allowance for loan losses | 1,348,000 | 1,486,000 | 1,581,000 | 1,602,000 |
| Securities available for sale | 28,281,000 | 31,519,000 | 31,376,000 | 33,322,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,625,000 | 190,973,000 | 197,398,000 | 199,531,000 |
| Interest-bearing deposits | 147,624,000 | 153,788,000 | 156,730,000 | 158,590,000 |
| Noninterest-bearing deposits | 36,001,000 | 37,185,000 | 40,668,000 | 40,941,000 |
| Equity capital | 15,023,000 | 15,101,000 | 16,253,000 | 16,898,000 |
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 | 2,742,000 | 5,590,000 | 8,545,000 | 11,704,000 |
| Interest expense | 756,000 | 1,540,000 | 2,397,000 | 3,287,000 |
| Net interest income | 1,986,000 | 4,050,000 | 6,148,000 | 8,417,000 |
| Noninterest income | 195,000 | 407,000 | 614,000 | 831,000 |
| Noninterest expense | 1,180,000 | 2,338,000 | 3,522,000 | 4,686,000 |
| Provision for loan losses | 186,000 | 351,000 | 444,000 | 664,000 |
| Pretax income | 815,000 | 1,768,000 | 2,796,000 | 3,898,000 |
| Income tax | 277,000 | 601,000 | 951,000 | 1,329,000 |
| Net income | 538,000 | 1,167,000 | 1,845,000 | 2,569,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,897,000 | 15,525,000 | 16,203,000 | 16,928,000 |
| Total capital | 16,245,000 | 17,011,000 | 17,784,000 | 18,530,000 |
| Risk-weighted assets | 141,850,000 | 148,709,000 | 149,748,000 | 156,687,000 |