Call reports 2005
PORTAGE BANK — 2005
What PORTAGE 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 | 9,929,000 | 10,303,000 | 10,051,000 | 9,381,000 |
| Total loans | 5,013,000 | 5,685,000 | 5,758,000 | 4,967,000 |
| Allowance for loan losses | 140,000 | 140,000 | 140,000 | 140,000 |
| Securities available for sale | 4,179,000 | 3,828,000 | 3,639,000 | 3,644,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,444,000 | 8,508,000 | 8,331,000 | 8,226,000 |
| Interest-bearing deposits | 7,190,000 | 7,568,000 | 7,364,000 | 7,144,000 |
| Noninterest-bearing deposits | 1,254,000 | 940,000 | 967,000 | 1,082,000 |
| Equity capital | 1,073,000 | 1,112,000 | 1,126,000 | 1,066,000 |
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 | 111,000 | 232,000 | 365,000 | 491,000 |
| Interest expense | 24,000 | 56,000 | 91,000 | 126,000 |
| Net interest income | 87,000 | 176,000 | 274,000 | 365,000 |
| Noninterest income | 12,000 | 23,000 | 37,000 | 51,000 |
| Noninterest expense | 90,000 | 169,000 | 247,000 | 348,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 9,000 | 26,000 | 60,000 | 64,000 |
| Income tax | 3,000 | 8,000 | 14,000 | 18,000 |
| Net income | 6,000 | 18,000 | 46,000 | 46,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,119,000 | 1,131,000 | 1,159,000 | 1,114,000 |
| Total capital | 1,193,000 | 1,212,000 | 1,240,000 | 1,183,000 |
| Risk-weighted assets | 5,794,000 | 6,387,000 | 6,246,000 | 5,484,000 |