Call reports 2004
PATRIOTS BANK — 2004
What PATRIOTS 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 | 19,462,000 | 22,259,000 | 27,285,000 | 29,296,000 |
| Total loans | 6,782,000 | 9,450,000 | 14,358,000 | 16,710,000 |
| Allowance for loan losses | 68,000 | 94,000 | 221,000 | 233,000 |
| Securities available for sale | 8,817,000 | 10,446,000 | 10,671,000 | 11,603,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,251,000 | 15,594,000 | 17,478,000 | 18,588,000 |
| Interest-bearing deposits | 7,588,000 | 10,363,000 | 10,527,000 | 11,911,000 |
| Noninterest-bearing deposits | 5,663,000 | 5,231,000 | 6,951,000 | 6,677,000 |
| Equity capital | 5,520,000 | 5,086,000 | 5,220,000 | 5,240,000 |
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 | 170,000 | 455,000 | 780,000 | 1,146,000 |
| Interest expense | 22,000 | 61,000 | 110,000 | 191,000 |
| Net interest income | 148,000 | 394,000 | 670,000 | 955,000 |
| Noninterest income | 4,000 | 10,000 | 20,000 | 37,000 |
| Noninterest expense | 220,000 | 496,000 | 744,000 | 1,048,000 |
| Provision for loan losses | 48,000 | 74,000 | 201,000 | 213,000 |
| Pretax income | -110,000 | -174,000 | -261,000 | -273,000 |
| Income tax | 0 | 0 | 0 | -101,000 |
| Net income | -110,000 | -174,000 | -261,000 | -172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,446,000 | 5,382,000 | 5,294,000 | 5,384,000 |
| Total capital | 5,514,000 | 5,476,000 | 5,458,000 | 5,563,000 |
| Risk-weighted assets | 7,709,000 | 9,631,000 | 13,066,000 | 14,238,000 |