Call reports 2004
COVINGTON COUNTY BANK — 2004
What COVINGTON COUNTY 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 | 56,845,000 | 54,882,000 | 55,649,000 | 58,254,000 |
| Total loans | 28,829,000 | 28,463,000 | 30,209,000 | 30,605,000 |
| Allowance for loan losses | 308,000 | 342,000 | 305,000 | 333,000 |
| Securities available for sale | 21,341,000 | 22,713,000 | 22,478,000 | 21,121,000 |
| Securities held to maturity | 145,000 | 145,000 | 75,000 | 75,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,951,000 | 48,226,000 | 48,762,000 | 51,750,000 |
| Interest-bearing deposits | 43,803,000 | 43,499,000 | 42,821,000 | 45,527,000 |
| Noninterest-bearing deposits | 6,148,000 | 4,727,000 | 5,941,000 | 6,223,000 |
| Equity capital | 5,942,000 | 5,853,000 | 6,115,000 | 5,769,000 |
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 | 690,000 | 1,377,000 | 2,072,000 | 2,787,000 |
| Interest expense | 206,000 | 400,000 | 591,000 | 784,000 |
| Net interest income | 484,000 | 977,000 | 1,481,000 | 2,003,000 |
| Noninterest income | 79,000 | 168,000 | 254,000 | 343,000 |
| Noninterest expense | 327,000 | 663,000 | 994,000 | 1,434,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 80,000 |
| Pretax income | 224,000 | 458,000 | 705,000 | 832,000 |
| Income tax | 58,000 | 16,000 | 138,000 | 231,000 |
| Net income | 166,000 | 442,000 | 567,000 | 601,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,612,000 | 5,888,000 | 6,013,000 | 5,767,000 |
| Total capital | 5,920,000 | 6,230,000 | 6,318,000 | 6,100,000 |
| Risk-weighted assets | 35,417,000 | 34,618,000 | 34,925,000 | 36,625,000 |