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86 ================ Net earning assets $112,884 $ 92,486 ========= ========= Average deposits $576,879 $448,470 ========= ========= Average cost of deposits 2. 67 Non-interest bearing deposit accounts 39,730 39,820 Other liabilities 13,915 13,657 --------- --------- Total liabilities 760,210 755,559 Stockholders' equity 87,815 87,398 --------- --------- Total liabilities and stockholders' equity $848,025 $842,957 ========= ========= Net earning assets $69,979 $70,784 ========= ========= Net interest income $6,692 $13,366 ========== ========== Net interest rate spread 3. Net interest income decreased $419,000 for the year ended December 31, 2004 compared to the year ended December 31, 2004 due to a lower net interest margin and a lower volume of net earning assets. |
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