Call reports 2004
MORRIS COUNTY NATIONAL BANK — 2004
What MORRIS COUNTY 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 | 72,903,000 | 73,817,000 | 75,660,000 | 75,772,000 |
| Total loans | 48,720,000 | 51,206,000 | 53,319,000 | 53,166,000 |
| Allowance for loan losses | 412,000 | 464,000 | 453,000 | 676,000 |
| Securities available for sale | 17,302,000 | 16,542,000 | 16,518,000 | 16,123,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,401,000 | 67,434,000 | 67,712,000 | 68,895,000 |
| Interest-bearing deposits | 59,410,000 | 60,513,000 | 61,260,000 | 62,429,000 |
| Noninterest-bearing deposits | 6,991,000 | 6,921,000 | 6,452,000 | 6,466,000 |
| Equity capital | 6,155,000 | 5,627,000 | 6,133,000 | 6,014,000 |
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 | 1,038,000 | 2,127,000 | 3,234,000 | 4,365,000 |
| Interest expense | 266,000 | 469,000 | 723,000 | 996,000 |
| Net interest income | 772,000 | 1,658,000 | 2,511,000 | 3,369,000 |
| Noninterest income | 172,000 | 333,000 | 500,000 | 652,000 |
| Noninterest expense | 572,000 | 1,231,000 | 1,865,000 | 2,525,000 |
| Provision for loan losses | 75,000 | 150,000 | 245,000 | 509,000 |
| Pretax income | 307,000 | 636,000 | 927,000 | 1,016,000 |
| Income tax | 0 | 0 | 5,000 | 10,000 |
| Net income | 307,000 | 636,000 | 922,000 | 1,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,812,000 | 5,933,000 | 6,050,000 | 5,977,000 |
| Total capital | 6,247,000 | 6,397,000 | 6,503,000 | 6,653,000 |
| Risk-weighted assets | 53,515,000 | 55,487,000 | 54,456,000 | 57,169,000 |