Call reports 2004
BUSINESS BANK, THE — 2004
What BUSINESS BANK, THE 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 | 142,639,000 | 153,675,000 | 155,151,000 | 167,308,000 |
| Total loans | 127,464,000 | 137,879,000 | 142,013,000 | 148,190,000 |
| Allowance for loan losses | 1,446,000 | 1,486,000 | 1,569,000 | 1,693,000 |
| Securities available for sale | 9,201,000 | 9,315,000 | 10,215,000 | 10,235,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 128,345,000 | 139,157,000 | 137,055,000 | 151,874,000 |
| Interest-bearing deposits | 117,318,000 | 119,966,000 | 123,666,000 | 140,959,000 |
| Noninterest-bearing deposits | 11,027,000 | 19,190,000 | 13,389,000 | 10,915,000 |
| Equity capital | 13,167,000 | 13,335,000 | 13,771,000 | 14,097,000 |
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 | 1,703,000 | 3,458,000 | 5,418,000 | 7,588,000 |
| Interest expense | 702,000 | 1,418,000 | 2,183,000 | 3,052,000 |
| Net interest income | 1,001,000 | 2,040,000 | 3,235,000 | 4,536,000 |
| Noninterest income | 44,000 | 100,000 | 149,000 | 197,000 |
| Noninterest expense | 473,000 | 979,000 | 1,486,000 | 1,990,000 |
| Provision for loan losses | 83,000 | 165,000 | 248,000 | 372,000 |
| Pretax income | 489,000 | 996,000 | 1,650,000 | 2,371,000 |
| Income tax | 172,000 | 358,000 | 607,000 | 908,000 |
| Net income | 317,000 | 638,000 | 1,043,000 | 1,463,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,959,000 | 13,280,000 | 13,617,000 | 13,971,000 |
| Total capital | 14,405,000 | 14,766,000 | 15,186,000 | 15,664,000 |
| Risk-weighted assets | 132,499,000 | 143,858,000 | 145,107,000 | 149,393,000 |