Call reports 2004
GREER STATE BANK — 2004
What GREER STATE 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 | 228,212,000 | 222,727,000 | 223,289,000 | 230,853,000 |
| Total loans | 118,042,000 | 120,884,000 | 130,496,000 | 139,646,000 |
| Allowance for loan losses | 1,309,000 | 953,000 | 1,029,000 | 1,136,000 |
| Securities available for sale | 56,209,000 | 56,234,000 | 49,139,000 | 37,054,000 |
| Securities held to maturity | 26,436,000 | 26,046,000 | 24,561,000 | 35,475,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 163,842,000 | 159,976,000 | 154,308,000 | 150,386,000 |
| Interest-bearing deposits | 142,018,000 | 138,384,000 | 131,052,000 | 128,936,000 |
| Noninterest-bearing deposits | 21,824,000 | 21,592,000 | 23,256,000 | 21,450,000 |
| Equity capital | 20,128,000 | 18,185,000 | 19,532,000 | 26,192,000 |
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 | 2,611,000 | 5,287,000 | 8,042,000 | 11,161,000 |
| Interest expense | 957,000 | 1,944,000 | 2,940,000 | 4,039,000 |
| Net interest income | 1,654,000 | 3,343,000 | 5,102,000 | 7,122,000 |
| Noninterest income | 509,000 | 1,058,000 | 1,653,000 | 2,183,000 |
| Noninterest expense | 1,437,000 | 2,920,000 | 4,454,000 | 6,042,000 |
| Provision for loan losses | 15,000 | 45,000 | 139,000 | 251,000 |
| Pretax income | 792,000 | 1,517,000 | 2,272,000 | 3,307,000 |
| Income tax | 168,000 | 296,000 | 440,000 | 686,000 |
| Net income | 624,000 | 1,221,000 | 1,832,000 | 2,621,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,452,000 | 17,956,000 | 18,566,000 | 25,354,000 |
| Total capital | 19,761,000 | 18,909,000 | 19,595,000 | 26,490,000 |
| Risk-weighted assets | 143,947,000 | 149,052,000 | 155,056,000 | 164,250,000 |