Call reports 2004
FIRST RELIANCE BANK — 2004
What FIRST RELIANCE 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 | 194,326,000 | 217,892,000 | 255,767,000 | 284,786,000 |
| Total loans | 152,899,000 | 177,892,000 | 209,092,000 | 239,695,000 |
| Allowance for loan losses | 1,782,000 | 2,087,000 | 2,457,000 | 2,758,000 |
| Securities available for sale | 26,559,000 | 24,019,000 | 28,956,000 | 28,568,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 152,877,000 | 177,317,000 | 210,176,000 | 230,915,000 |
| Interest-bearing deposits | 132,171,000 | 155,227,000 | 183,305,000 | 197,933,000 |
| Noninterest-bearing deposits | 20,706,000 | 22,090,000 | 26,871,000 | 32,982,000 |
| Equity capital | 18,014,000 | 17,683,000 | 21,616,000 | 21,876,000 |
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 | 2,650,000 | 5,610,000 | 9,186,000 | 13,290,000 |
| Interest expense | 775,000 | 1,628,000 | 2,754,000 | 4,061,000 |
| Net interest income | 1,875,000 | 3,982,000 | 6,432,000 | 9,229,000 |
| Noninterest income | 491,000 | 1,122,000 | 1,784,000 | 2,374,000 |
| Noninterest expense | 1,791,000 | 3,795,000 | 5,906,000 | 8,283,000 |
| Provision for loan losses | 110,000 | 478,000 | 847,000 | 1,362,000 |
| Pretax income | 465,000 | 833,000 | 1,467,000 | 1,964,000 |
| Income tax | 141,000 | 247,000 | 440,000 | 591,000 |
| Net income | 324,000 | 586,000 | 1,027,000 | 1,373,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,585,000 | 17,847,000 | 21,288,000 | 21,634,000 |
| Total capital | 19,367,000 | 19,934,000 | 23,745,000 | 24,392,000 |
| Risk-weighted assets | 152,613,000 | 177,844,000 | 211,231,000 | 238,550,000 |