Call reports 2005
1ST CHOICE BANK — 2005
What 1ST CHOICE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 224,085,000 | 221,404,000 | 240,130,000 | 243,917,000 |
| Total loans | 166,938,000 | 166,325,000 | 168,407,000 | 163,396,000 |
| Allowance for loan losses | 1,827,000 | 1,948,000 | 1,991,000 | 1,754,000 |
| Securities available for sale | 32,524,000 | 32,523,000 | 31,865,000 | 31,276,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,970,000 | 202,425,000 | 220,193,000 | 223,012,000 |
| Interest-bearing deposits | 163,365,000 | 154,271,000 | 166,855,000 | 169,162,000 |
| Noninterest-bearing deposits | 42,605,000 | 48,154,000 | 53,338,000 | 53,850,000 |
| Equity capital | 17,248,000 | 18,268,000 | 19,037,000 | 19,765,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,187,000 | 6,649,000 | 10,401,000 | 14,327,000 |
| Interest expense | 924,000 | 1,939,000 | 3,129,000 | 4,444,000 |
| Net interest income | 2,263,000 | 4,710,000 | 7,272,000 | 9,883,000 |
| Noninterest income | 211,000 | 434,000 | 646,000 | 852,000 |
| Noninterest expense | 1,181,000 | 2,410,000 | 3,649,000 | 4,957,000 |
| Provision for loan losses | 251,000 | 483,000 | 574,000 | 666,000 |
| Pretax income | 1,042,000 | 2,251,000 | 3,695,000 | 5,112,000 |
| Income tax | 355,000 | 766,000 | 1,259,000 | 1,742,000 |
| Net income | 687,000 | 1,485,000 | 2,436,000 | 3,370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,615,000 | 18,413,000 | 19,364,000 | 20,298,000 |
| Total capital | 19,442,000 | 20,361,000 | 21,355,000 | 22,052,000 |
| Risk-weighted assets | 167,494,000 | 167,061,000 | 172,040,000 | 169,924,000 |