Call reports 2004
ARMOR BANK — 2004
What ARMOR 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 | 70,410,000 | 69,994,000 | 69,559,000 | 66,385,000 |
| Total loans | 36,250,000 | 34,769,000 | 32,947,000 | 29,308,000 |
| Allowance for loan losses | 1,474,000 | 1,260,000 | 1,314,000 | 1,139,000 |
| Securities available for sale | 26,125,000 | 27,046,000 | 29,184,000 | 28,120,000 |
| Securities held to maturity | 3,371,000 | 3,282,000 | 2,899,000 | 2,836,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,787,000 | 51,870,000 | 52,741,000 | 52,993,000 |
| Interest-bearing deposits | 49,193,000 | 49,485,000 | 50,032,000 | 50,317,000 |
| Noninterest-bearing deposits | 2,594,000 | 2,385,000 | 2,709,000 | 2,676,000 |
| Equity capital | 6,419,000 | 6,262,000 | 6,319,000 | 6,224,000 |
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 | 888,000 | 1,737,000 | 2,585,000 | 3,379,000 |
| Interest expense | 404,000 | 793,000 | 1,180,000 | 1,561,000 |
| Net interest income | 484,000 | 944,000 | 1,405,000 | 1,818,000 |
| Noninterest income | 69,000 | 147,000 | 246,000 | 272,000 |
| Noninterest expense | 449,000 | 900,000 | 1,371,000 | 1,901,000 |
| Provision for loan losses | 317,000 | 325,000 | 510,000 | 510,000 |
| Pretax income | -204,000 | -125,000 | -221,000 | -331,000 |
| Income tax | -69,000 | -65,000 | -120,000 | -143,000 |
| Net income | -135,000 | -60,000 | -101,000 | -188,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,460,000 | 6,524,000 | 6,481,000 | 6,399,000 |
| Total capital | 6,925,000 | 6,982,000 | 6,949,000 | 6,845,000 |
| Risk-weighted assets | 36,182,000 | 35,801,000 | 36,595,000 | 34,976,000 |