|
Risk Management Manual of Examination Policies
Section 17.1 - Bank of Anytown-Report of Examination
| Analysis of Earnings |
99999 |
| Comparative Statement of Income |
| |
Period
Ended
06/30/2004 |
Period
Ended
12/31/2003 |
Period
Ended
12/31/2002 |
| Interest Income |
2,519 |
5,582 |
7,329 |
| Interest Expense |
894 |
2,452 |
3,850 |
Net Interest Income |
1,625 |
3,130 |
3,479 |
| Noninterest Income |
304 |
589 |
643 |
| Total Noninterest Expense |
1,467 |
2,902 |
2,904 |
| Provision for Loan and Lease Losses |
300 |
1,025 |
1,580 |
| Securities Gains (Losses) |
15 |
48 |
|
Net Operating Income (Pre-Tax) |
177 |
(160) |
(362) |
| Applicable Income Taxes |
74 |
(36) |
(117) |
Net Operating Income (After-Tax) |
103 |
(124) |
(245) |
| Extraordinary Credits (Charges), Net |
|
|
|
Net Income |
103 |
(124) |
(245) |
Other Increases/Decreases
Includes changes in the net unrealized holding gains (losses) on Available-For-Sale Securities |
60 |
|
|
| Cash Dividends |
|
|
|
Net Change in Equity Accounts |
163 |
(124) |
(245) |
| Reconcilement of Allowance for Loan and Lease Losses |
| Beginning Balance |
1,748 |
1,407 |
950 |
Gross Loan and Lease Losses |
181 |
884 |
1,274 |
Recoveries |
112 |
200 |
151 |
Provision for Loan and Lease Losses |
300 |
1,025 |
1,580 |
Other Increases (Decreases) |
|
|
|
| Ending Balance |
1,979 |
1,748 |
1,407 |
| Other Component Ratios and Trends |
| Ratio |
| Net Interest Income (TE)/Average Earning Assets |
4.74 |
4.37 |
4.64 |
| Total Noninterest Expense/Average Assets |
3.82 |
3.62 |
3.54 |
| Net Income/Average Total Equity |
3.39 |
(2.05) |
(3.87) |
| Net Losses/Average Total Loans and Leases |
0.25 |
1.24 |
1.88 |
| Earnings Coverage of Net Losses (X) |
6.70 |
(1.19) |
(1.08) |
| ALLL/Total Loans and Leases |
3.67 |
3.15 |
2.50 |
| Noncurrent Loans and Leases/ALLL |
106.47 |
143.88 |
100.64 |
| Footnotes: |
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