Call reports 2006
HALIFAX NATIONAL BANK — 2006
What HALIFAX NATIONAL BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 74,214,000 | 76,574,000 | 79,219,000 | 78,871,000 |
| Total loans | 49,607,000 | 53,222,000 | 55,440,000 | 54,994,000 |
| Allowance for loan losses | 400,000 | 425,000 | 447,000 | 472,000 |
| Securities available for sale | 18,516,000 | 15,816,000 | 16,263,000 | 15,832,000 |
| Securities held to maturity | 45,000 | 41,000 | 38,000 | 37,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,108,000 | 58,858,000 | 59,339,000 | 62,523,000 |
| Interest-bearing deposits | 52,192,000 | 52,647,000 | 53,850,000 | 56,521,000 |
| Noninterest-bearing deposits | 7,916,000 | 6,211,000 | 5,489,000 | 6,002,000 |
| Equity capital | 9,685,000 | 9,587,000 | 10,019,000 | 9,960,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 995,000 | 2,085,000 | 3,236,000 | 4,396,000 |
| Interest expense | 443,000 | 963,000 | 1,529,000 | 2,131,000 |
| Net interest income | 552,000 | 1,122,000 | 1,707,000 | 2,265,000 |
| Noninterest income | 24,000 | 72,000 | 132,000 | 191,000 |
| Noninterest expense | 455,000 | 911,000 | 1,368,000 | 1,878,000 |
| Provision for loan losses | 25,000 | 50,000 | 75,000 | 100,000 |
| Pretax income | 96,000 | 246,000 | 409,000 | 493,000 |
| Income tax | 3,000 | 12,000 | 29,000 | 20,000 |
| Net income | 93,000 | 234,000 | 380,000 | 473,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,891,000 | 9,998,000 | 10,106,000 | 10,068,000 |
| Total capital | 10,291,000 | 10,423,000 | 10,553,000 | 10,540,000 |
| Risk-weighted assets | 56,440,000 | 59,541,000 | 61,531,000 | 61,011,000 |