Call reports 2004
PROSPECT BANK — 2004
What PROSPECT 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 |
|---|---|---|---|
| Total assets | 202,644,000 | 202,132,000 | 210,885,000 |
| Total loans | 182,297,000 | 193,054,000 | 202,487,000 |
| Allowance for loan losses | 1,993,000 | 2,057,000 | 2,142,000 |
| Securities available for sale | 1,505,000 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 185,244,000 | 183,369,000 | 176,339,000 |
| Interest-bearing deposits | 169,602,000 | 166,516,000 | 162,747,000 |
| Noninterest-bearing deposits | 15,642,000 | 16,853,000 | 13,592,000 |
| Equity capital | 14,609,000 | 16,055,000 | 16,592,000 |
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 |
|---|---|---|---|
| Interest income | 2,555,000 | 5,233,000 | 8,161,000 |
| Interest expense | 951,000 | 1,976,000 | 3,081,000 |
| Net interest income | 1,604,000 | 3,257,000 | 5,080,000 |
| Noninterest income | 108,000 | 262,000 | 406,000 |
| Noninterest expense | 1,004,000 | 2,066,000 | 3,134,000 |
| Provision for loan losses | 44,000 | 108,000 | 193,000 |
| Pretax income | 664,000 | 1,345,000 | 2,159,000 |
| Income tax | 183,000 | 414,000 | 691,000 |
| Net income | 481,000 | 931,000 | 1,468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 |
|---|---|---|---|
| Tier 1 capital | 14,606,000 | 16,055,000 | 16,592,000 |
| Total capital | 16,599,000 | 18,112,000 | 18,734,000 |
| Risk-weighted assets | 160,171,000 | 166,807,000 | 177,298,000 |