Call reports 2005
FIRST RELIANCE BANK — 2005
What FIRST RELIANCE 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 | 332,529,000 | 362,624,000 | 383,562,000 | 402,512,000 |
| Total loans | 277,012,000 | 305,755,000 | 312,256,000 | 319,539,000 |
| Allowance for loan losses | 2,954,000 | 3,311,000 | 3,373,000 | 3,419,000 |
| Securities available for sale | 28,143,000 | 27,551,000 | 32,184,000 | 37,121,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,711,000 | 297,702,000 | 313,146,000 | 335,165,000 |
| Interest-bearing deposits | 229,205,000 | 263,048,000 | 274,764,000 | 295,214,000 |
| Noninterest-bearing deposits | 32,506,000 | 34,654,000 | 38,382,000 | 39,951,000 |
| Equity capital | 26,942,000 | 27,654,000 | 38,134,000 | 38,669,000 |
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 | 4,633,000 | 10,253,000 | 16,483,000 | 23,126,000 |
| Interest expense | 1,592,000 | 3,800,000 | 6,186,000 | 8,793,000 |
| Net interest income | 3,041,000 | 6,453,000 | 10,297,000 | 14,333,000 |
| Noninterest income | 606,000 | 1,388,000 | 2,312,000 | 3,242,000 |
| Noninterest expense | 2,902,000 | 6,092,000 | 9,545,000 | 12,666,000 |
| Provision for loan losses | 173,000 | 566,000 | 1,017,000 | 1,811,000 |
| Pretax income | 572,000 | 1,183,000 | 2,047,000 | 3,098,000 |
| Income tax | 178,000 | 345,000 | 613,000 | 926,000 |
| Net income | 394,000 | 838,000 | 1,434,000 | 2,172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,002,000 | 27,446,000 | 38,041,000 | 38,780,000 |
| Total capital | 29,956,000 | 30,757,000 | 41,414,000 | 42,199,000 |
| Risk-weighted assets | 276,075,000 | 307,689,000 | 319,512,000 | 332,815,000 |