Call reports 2004
MIDTOWN BANK & TRUST COMPANY — 2004
What MIDTOWN BANK & TRUST COMPANY 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 | 22,838,000 | 31,213,000 | 40,145,000 | 55,778,000 |
| Total loans | 7,080,000 | 14,848,000 | 25,859,000 | 37,126,000 |
| Allowance for loan losses | 100,000 | 209,000 | 358,000 | 514,000 |
| Securities available for sale | 5,399,000 | 5,738,000 | 5,810,000 | 5,016,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,412,000 | 20,280,000 | 29,528,000 | 45,438,000 |
| Interest-bearing deposits | 10,094,000 | 18,447,000 | 26,993,000 | 41,397,000 |
| Noninterest-bearing deposits | 1,318,000 | 1,833,000 | 2,535,000 | 4,041,000 |
| Equity capital | 11,323,000 | 10,549,000 | 10,295,000 | 10,089,000 |
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 | 122,000 | 314,000 | 667,000 | 1,208,000 |
| Interest expense | 39,000 | 97,000 | 227,000 | 441,000 |
| Net interest income | 83,000 | 217,000 | 440,000 | 767,000 |
| Noninterest income | 7,000 | 23,000 | 37,000 | 135,000 |
| Noninterest expense | 387,000 | 1,107,000 | 1,515,000 | 1,974,000 |
| Provision for loan losses | 55,000 | 164,000 | 313,000 | 469,000 |
| Pretax income | -351,000 | -1,030,000 | -1,350,000 | -1,540,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -351,000 | -1,030,000 | -1,350,000 | -1,540,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,298,000 | 10,619,000 | 10,299,000 | 10,109,000 |
| Total capital | 11,398,000 | 10,828,000 | 10,657,000 | 10,623,000 |
| Risk-weighted assets | 13,678,000 | 21,323,000 | 32,100,000 | 46,360,000 |