Call reports 2004
ADVANTAGE COMMUNITY BANK — 2004
What ADVANTAGE COMMUNITY 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 | 68,498,000 | 74,722,000 | 79,839,000 | 84,866,000 |
| Total loans | 47,383,000 | 53,847,000 | 59,620,000 | 62,420,000 |
| Allowance for loan losses | 990,000 | 1,020,000 | 1,028,000 | 1,033,000 |
| Securities available for sale | 3,854,000 | 4,920,000 | 4,949,000 | 8,057,000 |
| Securities held to maturity | 306,000 | 278,000 | 278,000 | 278,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,950,000 | 67,332,000 | 68,505,000 | 73,311,000 |
| Interest-bearing deposits | 56,174,000 | 61,515,000 | 61,831,000 | 66,260,000 |
| Noninterest-bearing deposits | 5,776,000 | 5,817,000 | 6,674,000 | 7,051,000 |
| Equity capital | 6,269,000 | 7,059,000 | 7,971,000 | 8,040,000 |
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 | 806,000 | 1,573,000 | 2,441,000 | 3,420,000 |
| Interest expense | 304,000 | 634,000 | 993,000 | 1,391,000 |
| Net interest income | 502,000 | 939,000 | 1,448,000 | 2,029,000 |
| Noninterest income | 80,000 | 207,000 | 297,000 | 477,000 |
| Noninterest expense | 407,000 | 870,000 | 1,343,000 | 1,958,000 |
| Provision for loan losses | 2,000 | 5,000 | 7,000 | 9,000 |
| Pretax income | 173,000 | 271,000 | 395,000 | 539,000 |
| Income tax | 66,000 | 100,000 | 132,000 | 183,000 |
| Net income | 107,000 | 171,000 | 263,000 | 356,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,789,000 | 6,419,000 | 7,280,000 | 7,536,000 |
| Total capital | 6,398,000 | 7,111,000 | 8,011,000 | 8,314,000 |
| Risk-weighted assets | 48,347,000 | 55,029,000 | 58,161,000 | 61,998,000 |