Call reports 2005
COMMUNITY FIRSTBANK OF CHARLESTON — 2005
What COMMUNITY FIRSTBANK OF CHARLESTON reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 287,340,000 | 302,212,000 | 347,776,000 | 368,229,000 |
| Total loans | 247,513,000 | 253,692,000 | 288,216,000 | 314,717,000 |
| Allowance for loan losses | 2,837,000 | 2,975,000 | 3,110,000 | 3,260,000 |
| Securities available for sale | 25,198,000 | 25,306,000 | 27,071,000 | 31,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 220,617,000 | 231,839,000 | 267,007,000 | 272,151,000 |
| Interest-bearing deposits | 193,465,000 | 202,060,000 | 225,580,000 | 243,827,000 |
| Noninterest-bearing deposits | 27,152,000 | 29,779,000 | 41,427,000 | 28,324,000 |
| Equity capital | 21,885,000 | 22,627,000 | 24,807,000 | 25,894,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,826,000 | 8,006,000 | 12,794,000 | 18,551,000 |
| Interest expense | 1,490,000 | 3,161,000 | 5,160,000 | 7,697,000 |
| Net interest income | 2,336,000 | 4,845,000 | 7,634,000 | 10,854,000 |
| Noninterest income | 220,000 | 495,000 | 1,116,000 | 1,499,000 |
| Noninterest expense | 1,576,000 | 3,203,000 | 4,921,000 | 6,655,000 |
| Provision for loan losses | 135,000 | 270,000 | 405,000 | 555,000 |
| Pretax income | 845,000 | 1,867,000 | 3,424,000 | 5,143,000 |
| Income tax | 264,000 | 632,000 | 1,190,000 | 1,816,000 |
| Net income | 581,000 | 1,235,000 | 2,234,000 | 3,327,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,220,000 | 22,874,000 | 25,123,000 | 26,216,000 |
| Total capital | 25,057,000 | 25,849,000 | 28,233,000 | 29,476,000 |
| Risk-weighted assets | 226,969,000 | 245,701,000 | 276,101,000 | 302,712,000 |