Call reports 2004
PIERCE COMMERCIAL BANK — 2004
What PIERCE COMMERCIAL 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 | 133,655,000 | 140,368,000 | 142,412,000 | 149,561,000 |
| Total loans | 107,434,000 | 108,146,000 | 130,007,000 | 139,944,000 |
| Allowance for loan losses | 1,447,000 | 1,559,000 | 1,594,000 | 1,593,000 |
| Securities available for sale | 2,552,000 | 1,020,000 | 1,013,000 | 1,508,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,882,000 | 123,493,000 | 124,914,000 | 126,295,000 |
| Interest-bearing deposits | 99,180,000 | 104,222,000 | 104,647,000 | 107,215,000 |
| Noninterest-bearing deposits | 17,701,000 | 19,271,000 | 20,267,000 | 19,080,000 |
| Equity capital | 10,541,000 | 10,745,000 | 11,253,000 | 11,974,000 |
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 | 1,697,000 | 3,473,000 | 5,499,000 | 7,844,000 |
| Interest expense | 401,000 | 827,000 | 1,296,000 | 1,833,000 |
| Net interest income | 1,296,000 | 2,646,000 | 4,203,000 | 6,011,000 |
| Noninterest income | 135,000 | 316,000 | 1,928,000 | 3,841,000 |
| Noninterest expense | 872,000 | 1,879,000 | 4,188,000 | 6,749,000 |
| Provision for loan losses | 101,000 | 202,000 | 235,000 | 235,000 |
| Pretax income | 458,000 | 881,000 | 1,708,000 | 2,868,000 |
| Income tax | 154,000 | 299,000 | 560,000 | 994,000 |
| Net income | 304,000 | 582,000 | 1,148,000 | 1,874,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,508,000 | 10,732,000 | 11,073,000 | 11,799,000 |
| Total capital | 11,806,000 | 12,070,000 | 12,546,000 | 13,388,000 |
| Risk-weighted assets | 103,719,000 | 106,846,000 | 117,792,000 | 127,082,000 |