Call reports 2004
HALIFAX NATIONAL BANK — 2004
What HALIFAX NATIONAL 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 | 60,114,000 | 58,766,000 | 60,588,000 | 61,282,000 |
| Total loans | 31,406,000 | 31,274,000 | 32,768,000 | 36,601,000 |
| Allowance for loan losses | 367,000 | 367,000 | 392,000 | 320,000 |
| Securities available for sale | 24,658,000 | 23,032,000 | 23,028,000 | 19,437,000 |
| Securities held to maturity | 133,000 | 90,000 | 80,000 | 73,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,945,000 | 49,134,000 | 49,666,000 | 51,010,000 |
| Interest-bearing deposits | 43,184,000 | 44,483,000 | 44,555,000 | 45,563,000 |
| Noninterest-bearing deposits | 5,761,000 | 4,651,000 | 5,111,000 | 5,447,000 |
| Equity capital | 9,913,000 | 9,411,000 | 9,987,000 | 9,868,000 |
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 | 824,000 | 1,633,000 | 2,426,000 | 3,236,000 |
| Interest expense | 280,000 | 558,000 | 840,000 | 1,120,000 |
| Net interest income | 544,000 | 1,075,000 | 1,586,000 | 2,116,000 |
| Noninterest income | 18,000 | 38,000 | 58,000 | 74,000 |
| Noninterest expense | 277,000 | 597,000 | 922,000 | 1,253,000 |
| Provision for loan losses | 0 | 0 | 25,000 | 50,000 |
| Pretax income | 285,000 | 516,000 | 697,000 | 887,000 |
| Income tax | 50,000 | 97,000 | 119,000 | 150,000 |
| Net income | 235,000 | 419,000 | 578,000 | 737,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,639,000 | 9,788,000 | 9,909,000 | 9,809,000 |
| Total capital | 10,006,000 | 10,155,000 | 10,301,000 | 10,129,000 |
| Risk-weighted assets | 40,135,000 | 39,732,000 | 40,720,000 | 42,936,000 |