Call reports 2005
HALIFAX NATIONAL BANK — 2005
What HALIFAX NATIONAL 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 | 59,554,000 | 68,864,000 | 69,779,000 | 70,013,000 |
| Total loans | 35,620,000 | 43,230,000 | 45,420,000 | 45,876,000 |
| Allowance for loan losses | 303,000 | 328,000 | 352,000 | 375,000 |
| Securities available for sale | 18,777,000 | 19,717,000 | 18,740,000 | 18,544,000 |
| Securities held to maturity | 67,000 | 62,000 | 56,000 | 48,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,182,000 | 52,295,000 | 55,428,000 | 57,629,000 |
| Interest-bearing deposits | 44,188,000 | 47,676,000 | 50,479,000 | 52,166,000 |
| Noninterest-bearing deposits | 4,994,000 | 4,619,000 | 4,949,000 | 5,463,000 |
| Equity capital | 9,741,000 | 10,044,000 | 10,005,000 | 9,745,000 |
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 | 791,000 | 1,684,000 | 2,644,000 | 3,622,000 |
| Interest expense | 289,000 | 625,000 | 1,020,000 | 1,441,000 |
| Net interest income | 502,000 | 1,059,000 | 1,624,000 | 2,181,000 |
| Noninterest income | 18,000 | 31,000 | 50,000 | 69,000 |
| Noninterest expense | 351,000 | 763,000 | 1,203,000 | 1,774,000 |
| Provision for loan losses | 25,000 | 50,000 | 75,000 | 100,000 |
| Pretax income | 144,000 | 277,000 | 396,000 | 376,000 |
| Income tax | 17,000 | 30,000 | 34,000 | -10,000 |
| Net income | 127,000 | 247,000 | 362,000 | 386,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,903,000 | 9,960,000 | 10,066,000 | 9,869,000 |
| Total capital | 10,206,000 | 10,288,000 | 10,418,000 | 10,244,000 |
| Risk-weighted assets | 42,375,000 | 50,650,000 | 51,687,000 | 52,498,000 |